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Exercise No. 1 Introduction in Economics Name: ____________________________Section: _________________ Critical Thinking Question fExercise on the Production Possibility Frontier: Corn and Wheat The figure below shows

Exercise No. 1 Introduction in Economics

Name: ____________________________Section: _________________

Critical Thinking Question

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\fExercise on the Production Possibility Frontier: Corn and Wheat The figure below shows a society's Production Possibilities Frontier for production of corn and wheat. Answer the questions below, referring to this figure. A B C Quantity of Corn D PPF 20 E 10 F 0 0 10 15 20 25 Quantity of Wheat

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