Reffonomics Video -- PPF, Part I

Reffonomics Video -- PPF, Part I, Constant Cost vs. Increasing Cost PPF

After watching the video, scroll down to take the three multiple choice questions.

1. A constant-cost PPF is:

A) bowed out from the origin.
B) bowed in from the origin.
C) linear.
D) is greater along the Y axis than the X axis.
E) is increasing at first and then decreasing.

2. An increasing cost PPF is:

A) bowed out from the origin.
B) bowed in from the origin.
C) linear.
D) is greater along the Y axis than the X axis.
E) is increasing at first and then decreasing.

3. The table above indicates:

A) an increasing cost for TVs, but not for computers.
B) a constant cost for computers, but not for TVs.
C) increasing costs for both TVs and computers.
D) a PPF that is linear for TVs.
E) a PPF that is linear for computers.