https://www.youtube.com/watch?v=PGaDeJ-oKzQ

1. What is the initial opportunity cost of producing 10 tablets in terms of bread? Because opportunity costs at first are constant, what is the shape of the production possibilities curve? 2. A more realistic production possibilities curve is shown in the second half of the video. How is this curve different? What Law of Costs does this shape reflect? 3. What are the occupations of the first two most productive groups of workers this economy shifts from producing bread to producing tablets? List two of the occupations of the less productive workers later shifted from making bread to making tablets. (You can just list these, no complete sentences needed.)

4. These final questions can be answered by pausing the video at the 3:47 mark. Suppose this economy is producing 30 tablets. How many bread is it then producing? Now assume it wants to produce 40 tablets. How many bread does it have to give up for those 10 tablets? How many bread does it have to give up to move from producing 40 to 50 tablets? (you can answer these questions without complete sentences.) 5. The increase in opportunity cost you calculated in question 10 reflects the Law of Increasing Opportunity Costs. Earlier in the video, about the 2:10 mark, the narrator explains why the nature of people, land, and machines cause this. Describe the narrator's explanation for why this is true for one of these 3 resources.