Production Possibilities Frontier
Source: Council for Economic Education (EconEdLink) | Type: Interactive Tool
Learn how the math concept of slope can be used to model the opportunity cost of a production possibilities frontier. Practice computing slope on simple, linear production possibilities frontiers before examining the more realistic concave production possibilities model. Refer to the Math in the Real World lesson Using Slope to Compute Opportunity Cost, for more information about using this interactive in your classroom.
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