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AP Microeconomics 1.3: PPC and Opportunity Cost

Practice AP Microeconomics questions on production possibilities curves, efficiency, opportunity cost, technology, and economic growth.

Syllabus
Effective Fall 2026
Course
AP Microeconomics

MKT-1.C—a. Define (using graphs as appropriate) the production possibilities curve (PPC) and related terms. b. Explain (using graphs as… question 1

[Maximum number: 1]

What law best describes a production possibilites curve that has a bowed out or concave shape from the origin?

A

The law of productive efficiency

B

The law of diminishing marginal utility

C

The law of increasing opportunity cost

D

The law of supply

E

The law of demand

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