Draw a PPC with capital goods on the vertical axis and consume Plot the following points on your graph: E = efficient / full employment I = inefficient / recession U unattainable due to scarcity How does a PPC show the following economic concepts on a gra Scarcity - is the fundamental problem facing all people resources to satisfy those wants. Trade-offs - Opportunity costs - Efficiency- Economic growth- Identify the three economic questions that every society must a 1. 2. 3. Who answers the questions in a capitalist, market economy? Who answers the questions in a communist, command econom Who answers the questions in a mixed, socialist economy