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Opportunity Cost & the PPC (continued) AP TOPIC 1.2 The Production Possibilities Curve (PPC) model is used to demonstrate the full employment level of output
Opportunity Cost & the PPC (continued) AP TOPIC 1.2 The Production Possibilities Curve (PPC) model is used to demonstrate the full employment level of output and illustrates changes in full employment. Explain how the PPC illustrated the following terms: Computers Opportunity Cost Trade Offs un N WE Inefficiency 10 20 30 40 50 60 70 80 Tex Copyright: www.economicsonline.co.uk Efficiency Can you show all these terms using the PCC? The AP exam expects Economic Growth you to be able to
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