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2 Thinking Like
an Economist
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14.
Figure 2 The
Production Possibilities Frontier Copyright©2003 Southwestern/Thomson Learning Quantity of Cars Produced 0 3,000 1,000 Quantity of Computers Produced Production possibilities frontier A B C 2,200 600 1,000 300 700 2,000 D
15.
16.
Figure 3 A
Shift in the Production Possibilities Frontier Copyright © 2004 South-Western Quantity of Cars Produced 0 Quantity of Computers Produced E 2,000 700 2,100 750 4,000 3,000 1,000 A
17.
18.
19.
20.
21.
22.
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25.
Table 2 Ten
Propositions about Which Most Economists Agree Copyright © 2004 South-Western
26.
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