Unit 2 PPC Worksheet Name ___________________ Lollipops 800 730 600 400 20 30 40 50 Teddy Bears 1. When this na,on produces 20 teddy bears, it can produce at most _____ lollipops. Label this point A. 2. When this na,on produces 730 lollipops, it can produce at most _____ teddy bears. Label this point B. 3. When this na,on produces 40 teddy bears, it can produce at most _____ lollipops. Label this point C. 4. When this na,on produces 400 lollipops, it can produce at most _____ teddy bears. Label this point D. 5. Suppose this na,on produces 30 teddy bears and 400 lollipops. Label this point E. 6. This na,on would like to produce 50 teddy bears and 800 lollipops. Label this point F. 7. Which of the above points of produc,on (A-F) are points of efficient produc,on? 8. Which of the above points are inefficient produc,on? 9. Which of the above points are currently unaTainable? 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 produc,on 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?