Production Possibilities Frontier Worksheet

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0.12 MB   |   2 pages

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
Answer Key
Included
Teaching Duration
30 Minutes

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Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
Production Possibilities Frontier Worksheet
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