The PPF is the most important tool for economists. It helps them to think about scarcity and the problem of what to produce. The Production Possibility Frontier shows the maximum possible combination of two goods that can be produced in a certain economy if all available resources are fully employed.To explain the production possibility frontier, the economy of the state Wisconsin is taken as an example:Wisconsin is located in the north-central USA.As of 2010; the state has a total of more than ...