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Economics

Student Videos

PPF and Opportunity Cost

Level:
AS
Board:
AQA, Edexcel, OCR, IB, Eduqas, WJEC

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.

PPF and Opportunity Cost

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