Micro 1.3-(Activity 1-2): Scarcity, Opportunity Cost, and Production Possibilities Curve
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Last updated over 1 year ago
5 questions
1
Fill in the blank.
Fill in the blank.
1
Fill in the blank.
Fill in the blank.
0
Which is greater, the per unit opp. cost of going from A to B or C to D? (Remember: Loss over gain)
Which is greater, the per unit opp. cost of going from A to B or C to D? (Remember: Loss over gain)
1
Draw in the appropriate production possibility curves.
Draw in the appropriate production possibility curves.
0
Bonus: Fill in the blank. Starting with Curve BE.
Bonus: Fill in the blank. Starting with Curve BE.