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

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

Key Problems

Production Possibilities Curve (PPC) - Click Here Using Benefit Cost Analysis (BCA) - Click Here   Click here to see PPC questions Using Benefit Cost Analysis (BCA) Question: Use the above information on four different highway programs of increasing scope to decide which program the government should do. All numbers are in billions of dollars. Use Benefit Cost Analysis to answer the question.

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