______Production Alternative______

Types of Production A B C D E

Butter

0

10

12

14

16

Guns

50

40

30

20

0

1. Draw a production possibilities curve for butter and guns using the data above.
2. Label the points where the economy would be efficient (A), underutilized (B) and unattainable (C).
3. What is the opportunity cost of moving from point A to point B?
4. What is the opportunity cost of moving from point B to point C?
5. What is the opportunity cost of moving from point D to point E?

Here is the production possibilities table for war goods and civilian goods:

______Production Alternative______

Types of Production A B C D E

Robots

0

250

450

650

850

Wheat

130

117

109

89

0

1. Draw a production possibilities curve for robots and wheat using the data above.
2. Label the points where the economy would be efficient (A), underutilized (B) and unattainable (C).
3. What is the opportunity cost of moving from point A to point B?
4. What is the opportunity cost of moving from point B to point C?
5. What is the opportunity cost of moving from point D to point E?

Here is the production possibilities table for war goods and civilian goods:

______Production Alternative______

Types of Production A B C D E

Tanks

0

10

20

30

40

Bread

75

68

54

47

0

1. Draw a production possibilities curve for tanks and bread using the data above.
2. Label the points where the economy would be efficient (A), underutilized (B) and unattainable (C).
3. What is the opportunity cost of moving from point A to point B?
4. What is the opportunity cost of moving from point B to point C?
5. What is the opportunity cost of moving from point D to point E?

Product Possibilities Curve Practice

Please use your own piece of paper to complete this practice activity.

______Production Alternative______

Types of Production A B C D E

Butter

0

10

12

14

16

Guns

50

40

30

20

0

1. Draw a production possibilities curve for butter and guns using the data above.
2. Label the points where the economy would be efficient (A), underutilized (B) and unattainable (C).
3. What is the opportunity cost of moving from point A to point B?
4. What is the opportunity cost of moving from point B to point C?
5. What is the opportunity cost of moving from point D to point E?

Here is the production possibilities table for war goods and civilian goods:

______Production Alternative______

Types of Production A B C D E

Robots

0

250

450

650

850

Wheat

130

117

109

89

0

1. Draw a production possibilities curve for robots and wheat using the data above.
2. Label the points where the economy would be efficient (A), underutilized (B) and unattainable (C).
3. What is the opportunity cost of moving from point A to point B?
4. What is the opportunity cost of moving from point B to point C?
5. What is the opportunity cost of moving from point D to point E?

Here is the production possibilities table for war goods and civilian goods:

______Production Alternative______

Types of Production A B C D E

Tanks

0

10

20

30

40

Bread

75

68

54

47

0

1. Draw a production possibilities curve for tanks and bread using the data above.
2. Label the points where the economy would be efficient (A), underutilized (B) and unattainable (C).
3. What is the opportunity cost of moving from point A to point B?
4. What is the opportunity cost of moving from point B to point C?
5. What is the opportunity cost of moving from point D to point E?