Unit 1: Markets are Efficient, Except . . . Intro to Microeconomics

Lesson 1d: Making Choices: Production Possibilities Curve and Benefit Cost Analysis

Key Graphs

The Production Possibilities Curve (PPC) PPC: Unemployment to Full Employment and PPC: Productive Inefficiency to Efficient (Achieving the Potential) PPC and Economic Growth (Increasing the Potential)   Benefit Cost Analysis

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