In the context of production possibilities, what does a trade-off imply when increasing the production of one good over another?

A trade-off in production possibilities means that when you decide to produce more of one good, you must give up some amount of another good. This happens because resources like time, money, and materials are limited; you can't produce everything at once. For example, if a factory makes both cars and bikes, and it wants to produce 10 more cars, it might have to reduce bike production by 5 bikes. This shows that increasing output of one product leads to a decrease in another, highlighting the opportunity cost of that decision. Understanding trade-offs helps businesses and economies make better choices about how to use their resources effectively.