Question

How does a production possibility chart assist in outlining opportunity cost?

Answer 1

Answer:

It compares production numbers of one product to another.

Explanation:

the production possibility chart will create a future projection on a different variety of goods that you can produce based on the assets that you own and capital that you can use during the operation.

By making this projection , Companies could predict the potential sales of each product and  determine the type of goods that will give them the most profit.