Create a production possibilities schedule and curve to determine what your opportunity costs are and which product is the best for you to produce.
Directions:
1. Gather materials and necessary information.
a) Ask your teacher which word-processing software you will be using.
b) Keep your lesson and assignment open in case you need to review what you have learned.
2. Read and follow each set of instructions carefully.
a) Compete the production possibilities schedule and production possibilities curve, starting with the information provided. Be sure to ask your teacher for help if you are not sure how to do this.