Column "AT Column " " Column "C" Production A. The body of skills and knowledge a. The ability to produce a good or service by involved in the use of resources in amount of any other good or service that Possibilities production. An advance in technology more or less the same quality or quantity of res Frontier (PPF ) commonly increases the ability to U.S. may have absolute advantage (least produce more output with a fixed compared to Mexico as far as the production amount of resources or the ability to U.S. may still have a comparative advantag produce the same output with fewer production of aircraft as compared to the pro Law of Increasing resources. lesser condition for international trade to happen Opportunity Costs B. The condition where less than the countries. maximum output is produced with the b. The inability to produce the maximum possib given resources and technology. from a given set of inputs or factors of prod