1. WHAT IS THE OPPORTUNITY COST OF MOVING FROM INSIDE THE PRODUCTION POSSIBILITIES CURVE TO A POINT ON THE CURVE?

2. YOUR PROFESSOR RECEIVED AN EMAIL RECENTLY FROM THE FAIRMONT HOTELS. THE EMAIL STATED, "FOR EACH NIGHT YOU STAY WITH US, WE WILL GIVE YOU A SECOND NIGHT FREE". ACCORDING TO CHAPTER 3, DOES THIS OFFER BY THE FAIRMONT HOTELS CAUSE A MOVEMENT ALONG THE DEMAND CURVE OR DOES IT CAUSE A SHIFT OF THE DEMAND CURVE?