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Sample Production Possibilities Curve Problem: Sacrifice of Alt. Cars Radios Radios for Cars Cars A 0 500 B 1 479 C 2 424 D 3

Sample

Production

Possibilities

Curve

Problem:

Sacrifice

of

Alt.

Cars

Radios

Radios

for

Cars

Cars

A

0

500

B

1

479

C

2

424

D

3

337

E

4

203

F

5

0

Radios

a.

Calculate

Sacrifice

of

Radios

for

Cars

(fill

in

last

column).

b.

Plot

data

on

graph,

creating

a

Production

Possiblities

Curve.

c.

On

same

diagram,

show

the

effect

of

a

decrease

in

the

minimum

age

required

to

get

working

papers.

d.

Redraw

the

diagram,

show

the

effect

of

the

discovery

of

additional

resources

which

are

critical

to

the

production

of

Cars

only.

e.

Redraw

the

diagram.

Using

another

production

possibilities

curve,

show

the

effect

of

a

breakdown

in

assemblyline

equipment

which

is

related

to

the

production

of

Radios

only.

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