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Product Possibilities Curve Worksheet Name: Here is the production possibilities table for war goods and civilian goods: Production Alternative Types of Production A B C

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Product Possibilities Curve Worksheet Name: Here is the production possibilities table for war goods and civilian goods: Production Alternative Types of Production A B C D E Automobiles O 2 4 6 8 Missiles 30 27 21 12 0 a. Draw a production possibilities curve for automobiles and missiles using the data above. b. Label the points where the economy would be efficient (A), underutilized (B) and unattainable (C). c. What is the opportunity cost of moving from point A to point B? d. What is the opportunity cost of moving from point B to point C? e. What is the opportunity cost of moving from point D to point E

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