Principles of Economics focused on how to draw the production possibility curve
Size: 1.08 MB
Language: en
Added: Apr 26, 2019
Slides: 22 pages
Slide Content
Appendix 1 How to draw a PPC Prepared by Salawati Alwani Muhammad
How to Draw a PPC Plot all combinations views in the following table. Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 +3 +3 +3 +3 +3 -3 -6 -9 -12 -15 Same Different X - axis Y - axis Step 1: Determine the label for each axis Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) Step 2: Choose your Scale (1box = ? Unit) Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 15 Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 10 20 30 40 50 45 Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 Step 3 : Plot each combination Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 x A Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 x A x B Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 x A x B x C Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 x A x B x C D x Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 x A x B x C D x x E Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 x A x B x C D x x E x F Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 x A x B x C D x x E x F Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 36 D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 This line we called as PPC Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 o D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 x A x B x C D x x E x F Your graph should be look like this! Prepared by Salawati Alwani Muhammad
Combination Shoes (unit) Rice (unit) A 45 B 3 42 C 6 o D 9 27 E 12 15 F 15 Rice (unit) Shoes (unit) 2 4 6 8 10 12 14 16 10 20 30 40 50 x A x B x C D x x E x F Finish!!!!! Prepared by Salawati Alwani Muhammad