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Production Possibilities Frontier Worksheet

Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
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Word Document File

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123 KB|2 pages
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Product Description
An in-depth economics worksheet designed to help students understand the Production Possibilities Frontier Model.

After completion of this worksheet students will be able to:

Calculate opportunity costs along a PPF curve
Calculate the per-unit opportunity cost of each good
Graph a country's PPF given a number of efficient output combinations
Identify and plot points that would be considered to be efficient, inefficient, and infeasible
Graph the effect of economic growth on a country's PPF
Graph a PPC that illustrates increasing opportunity costs
Calculate increasing opportunity costs
Demonstrate the difference between economic contraction and inefficiency
Total Pages
2 pages
Answer Key
Included
Teaching Duration
30 minutes
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