Friday, February 6, 2015
Post date: Feb 06, 2015 8:44:58 PM
The focus of today's class was the Production Possibilities Curve (PPC/PPF). We reviewed the 4 assumptions that exist when examining a PPC as well as rising opportunity costs.
Students worked with a partner to fill out his/her PPC Packet (see attachment). We reviewed the answers of the packet in class (we will finish going over the answers on Monday).
Homework:
None