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1 Macroeconomics Lesson 1 Activity 1 Answer Key Unit 2 If The Economy Represented In Figure 1 2 Is Presently Producing 12 Units Of Good B And Zero Units Of Good A A The Opportunity Cost Of Increasing Production Of Good A From Zero Units To One Unit Is The Loss Of Two Unit S Of Good BUnit 1 Microeconomics Lesson 2 Dentonisd
Loss Of Four Unit S Of Good B C The Opportunity Cost Of Increasing Production Of Good A From Two Units To Three Units Is The Loss Of Six Unit S Of Good B D This Is An Example Of Constant Increasing Decreasing Zero Opportunity Cost Per Unit For Good A 10 12 0 1 Good A Good B 23 6 8 2 4 Figure 2 2 Production Possibilities Curve 2Unit 1 Macroeconomics Lesson 3 Kevin Rasco
1 Macroeconomics Lesson 3 Activity 5 Answer Key Unit Supply Curves Movements Along Supply Curves And Shifts In Supply Curves In This Activity And Those That Follow We Will Assume That The Long Run Supply Curve Of Greebes Is Typ Ically Upward Sloping Part A Study The Data In Figure 5 1 And Plot The Supply Of Greebes On The Axes In Figure 5 2
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1 Macroeconomics Lesson 4 Unit Introduction And Description In This Lesson We Bring The Two Sides Of The Market Demand And Supply Together To Determine The Equilibrium Price And Quantity The Students 5 Given A Change In Supply Or Demand Explain Which Curve Shifted And Why 6 Explain How Markets Act As Rationing Devices
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