Production-possibility frontier

A production-possibility frontier is like a hidden map. It shows how much of one thing (like apples) you can make if you choose to make a different thing (like oranges) instead. This map is used by people to decide what to make when they have limited resources. For example, if you have one apple tree and one orange tree, the production-possibility frontier will show how much apples and oranges you could make. If you decide to use all your resources to make apples you can make the most apples, but you won't get any oranges. If you choose to make oranges instead, you could make more oranges than apples. The production-possibility frontier can help you figure out the best decision to make.