Unit 1: Economics and Globalization

Lesson 1c: Making Choices - The Production Possibilities Curve (PPC) 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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Lesson 1c