In Figure 3.2, the shape of: Figure 3.2 Two graphs-In both graphs Ford automobiles are on the vertical axis and Chevy automobiles are on the horizontal axis; the first production possibilities curve is denoted PPC1 and is a straight downward sloping line; the second production possibilities curve is denoted PPC2 and is a downward sloping bowed out curve In Figure 3.2, the shape of: PPC 1 assumes that not all the resources are equally well suited for the production of Chevies and Fords. PPC 2 assumes that not all the resources are equally well suited for the production of Chevies and Fords. PPC 2 assumes that all the resources are equally well suited for the production of Chevies and Fords. PPC 1 assumes that some of the resources are better suited for the production of Chevies and some of the resources are better suited for the production of Fords