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Product Possibilities Curve Practice Worksheet

The document provides instructions and data for drawing production possibilities curves (PPC) showing the tradeoffs between producing different goods. Students are asked to draw PPCs using data tables, label points on the curves, and calculate opportunity costs of moving between points on the curves. The document contains examples of PPCs involving automobiles and missiles, butter and guns, robots and wheat, and tanks and bread.

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Wizza Mae L. Coralat
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5K views4 pages

Product Possibilities Curve Practice Worksheet

The document provides instructions and data for drawing production possibilities curves (PPC) showing the tradeoffs between producing different goods. Students are asked to draw PPCs using data tables, label points on the curves, and calculate opportunity costs of moving between points on the curves. The document contains examples of PPCs involving automobiles and missiles, butter and guns, robots and wheat, and tanks and bread.

Uploaded by

Wizza Mae L. Coralat
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
  • Worksheet: Automobiles and Missiles: This worksheet focuses on using production possibilities to compare the production of automobiles and missiles, with tasks to draw and analyze production possibilities curves.
  • Worksheet: Butter and Guns: This section presents a worksheet for understanding production possibilities between butter and guns, engaging learners in drawing and assessing economic concepts.
  • Worksheet: Robots and Wheat: This worksheet encourages learners to build skills in analyzing trade-offs between producing robots and wheat with production possibilities, efficiently buttoning the drawing curves.
  • Worksheet: Tanks and Bread: Learners use this worksheet to explore economic concepts through production alternatives between tanks and bread, requiring drawing and opportunity cost calculation.

Product Possibilities Curve Worksheet

Name: _____________________________________

Here is the production possibilities table for war goods and civilian goods:

______Production Alternative______

Types of Production A B C D E

Automobiles 0 2 4 6 8

Missiles 30 27 21 12 0

a. Draw a production possibilities curve for automobiles and missiles


using the data above.

b. Label the points where the economy would be efficient (A),


underutilized (B) and unattainable (C).

c. What is the opportunity cost of moving from point A to point B?

d. What is the opportunity cost of moving from point B to point C?

e. What is the opportunity cost of moving from point D to point E?


Product Possibilities Curve Worksheet
Name: _____________________________________

______Production Alternative______

Types of Production A B C D E

Butter 0 10 12 14 16

Guns 50 40 30 20 0

a. Draw a production possibilities curve for butter and guns using the
data above.

b. Label the points where the economy would be efficient (A),


underutilized (B) and unattainable (C).

c. What is the opportunity cost of moving from point A to point B?

d. What is the opportunity cost of moving from point B to point C?

e. What is the opportunity cost of moving from point D to point E?


Product Possibilities Curve Worksheet
Name: _____________________________________

Here is the production possibilities table for war goods and civilian goods:

______Production Alternative______

Types of Production A B C D E

Robots 0 250 450 650 850

Wheat 130 117 109 89 0

a. Draw a production possibilities curve for robots and wheat using the
data above.

b. Label the points where the economy would be efficient (A),


underutilized (B) and unattainable (C).

c. What is the opportunity cost of moving from point A to point B?

d. What is the opportunity cost of moving from point B to point C?

e. What is the opportunity cost of moving from point D to point E?


Here is the production possibilities table for war goods and civilian goods:

______Production Alternative______

Types of Production A B C D E

Tanks 0 10 20 30 40

Bread 75 68 54 47 0

a. Draw a production possibilities curve for tanks and bread using the
data above.

b. Label the points where the economy would be efficient (A),


underutilized (B) and unattainable (C).

c. What is the opportunity cost of moving from point A to point B?

d. What is the opportunity cost of moving from point B to point C?

e. What is the opportunity cost of moving from point D to point E?

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