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Unit 2 PPC Worksheet Name Lollipops 730 600 400 20 30 40 50 Teddy Bears 1. When this nation produces 20 teddy bears, it can produce at most lollipops. Label this point A. 2. When this nation produces 730 lollipops, it can produce at most teddy bears. Label this point B. 3. When this nation produces 40 teddy bears, it can produce at most lollipops. Label this point C. 4. When this nation produces 400 lollipops, it can produce at most teddy bears. Label this point D. 5. Suppose this nation produces 30 teddy bears and 400 lollipops. Label this point E. 6. This nation would like to produce 50 teddy bears and 800 lollipops. Label this point F. 7. Which of the above points of production (A-F) are points of efficient production? 8. Which of the above points are inefficient production? 9. Which of the above points are currently unattainable? 10. Fill in the table below. When moving from points: A to B B to C C to D E to D the gain is: and the opportunity cost is: 11. What is happening to opportunity cost as production moves from A to B to C to D? 12. What would happen to opportunity cost if the PPC were a straight line? 13. Show economic growth on the PPC above. What will cause economic growth