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Blank Production Possibilities Curve 2014-2022

Blank Production Possibilities Curve 2014-2022

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1 tree makes 10 baseball bats and 1 tree makes 20 2 x 4 s. If there are 5 trees in the economy draw the production possibilities frontier for this economy. 4. Plot one point labeled A on the curve that represents 40 Bats and 20 2x4s. Then label B point that represents 20 Bats and 60 2x4s. Label the points A and B. Then describe the total opportunity cost what did you have to give up by moving from point A to point B. Answer here BATS 2 x 4s 5. From the above example if the firm is producing at...
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Instructions and help about worksheet 3 3 shifting the ppc

hey hey dude econ students this is mr. Clifford welcome to ACDC econ right now you'll learn about the first graph in this class it's called the production possibilities curve the production possibilities curve presents potential prospects for the production of a pair of products it's a pillar of the program and peoples have to practice this graph is totally important first let's start off the table showed the production possibilities of two good in this case videos and hats and this example is actually for me if I quit teaching I spent all my time I could make hats right using this loom hat to look like this basically you wrap the yarn around this and it can wrap around itself and the Hat kind of grows out from the bottom you kind of tie it off to the end as you can see from the chart if I spent all my time working on hats I could produce 30 hats in a week yo what's up bro if I spent all my time and resources making econ videos I could make 4 videos but as you can see I wouldn't be abl

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