Intro to PPC Curve

There is a limit to the number of products that can be made because ​ (a)   are​ (b)   .

• resources
• scarce
• plentiful
• chickens

The graph that compares the quantity of 2 products that can be made is called the ​ (a)   ​

• production possibility curve
• compare products with chickens graphomatic
• Economics

What is opportunity cost?

• the value of the next best option that is not selected when a choice is made.

• What I chose

• All of the trade-offs

• The Declaration of Independence

I chose the red car. The opportunity cost is the ​ (a)  

• blue car
• red car

A factor of production found in nature is classified as ​ (a)  

• land
• labour
• capitol
• Elon Musk

Identify the correctly spelled factor of production.

Elon Musk is an ​ (a)  

• entrepreneur
• ontopernewer
• intothespaceguy
• enterthechicken

Drag each factor of production to the correct category.

b

c

d

a

sweeping the floor

iron ore

Steve Jobs

machines

Which factor of production brings the other 3 together to create something new?

• land

• capitol

• entrepreneur

• labor

I would like to see ____________ chased by a chicken.

• Mr. Butterworth

• Ms. Lane

• Nate

• Angel

Match the following

• Labor

• Nothing

• Land

• The person who built a business

• Capitol

• Water to grow plants

• Entrepreneur

• Tractor

• More Nothing

• Construction Worker