consumption possibility curve
The consumption possibility curve can be called as consumption possibility line, boundary, frontier, and schedule. It is a graphical representation of the consumption possibilities and it is usually a straight line with a negative slope. different prices, given that the purchaser has a fixed amount of money to spend.
Also in the context of consumption possibility curve, the opportunity cost of the x-axis product is equal to the price of x divided by the price of y, to calculate it for the y-axis product, we take the inverse of that number. Presented by: Ablay, Bernadeth.