Figure 1 ppc shows the production possibilities curve for the economy of alpha which makes weapons of mass destruction and food. Label the points where the economy would be efficient a underutilized b and unattainable c.
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Production possibilities curve name key 1.
Production possibilities curve worksheet answer key. This product includes a two page worksheet that can be used to reinforce or review the production possibilities curve. Use the ppf below to answer the following questions. That curve bb is the current frontier for this economy.
Some of the worksheets for this concept are production possibilities curve tradeoffs production possibilities frontier ppf work unit 1 microeconomics lesson 2 unit 1 basic economic concepts ppc 1041 deskbook practice aids unit 1 macroeconomics lesson 1 ppc tax deskbook and planning guides multiple choice on. Points b c d and h are feasible but inefficient. Production possibilities curve frontier worksheet.
If all resources are devoted to the production of food alpha can produce 140 000 pounds of food. They are inside the production possibility frontier. Put students in small groups and distribute copies of the production possibilities curve group activity showing the production possibilities curve for the country of alpha.
What is the opportunity cost of moving from point a to point b. A total of 12 questions are included. This product is also included in my production possibilities curve doodle notes packet use this worksheet o as a review after teaching a less.
Indicate the curve you choose with two. Suppose massive new sources of oil and coal are found within the economy and there are major. Ppc practice answer key displaying top 8 worksheets found for this concept.
130 117 109 89 0 draw a production possibilities curve for robots and wheat using the data above. This activity requires them to apply what they have learned by using the information on the curve to answer a series of questions. If society is presently producing 200 units of butter what is the cost of producing an extra 100 units of butter.
In order to produce 1 500 wmd the opportunity.
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