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Before beginning, review the PPF content pages within the module. A good place for a quick recap is the Our First Model: The Production Possibility
Before beginning, review the PPF content pages within the module. A good place for a quick recap is the Our First Model: The Production Possibility Frontier page. How do you think the Covid-19 pandemic would impact a PPF that represents a society that can produce two "goods", good health and economic activity? Using paper, our Graphing Template, or your own graphing tool, create a PPF that represents this trade-off between heath and economy before and after the pandemic. Imagine that prior to the pandemic, society operates at point A and after the pandemic hit, society operates at point B. Be sure to label your graph clearly so that I can see what the "before" and "after" are. Include points A and B within your diagram
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