Topic Videos
PPF and Opportunity Cost
- Level:
- AS
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
Examiners are keen that you understand the concept of opportunity cost in relation to the PPF. This short revision video looks at a PPF with diminishing returns (increasing marginal opportunity cost) and a linear PPF where the marginal opportunity cost is constant.
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