Handout 1b - Handout 1b Numeric Exercise of Gains from Trade Spring 2007 The following handout is a numeric exercise of opportunity cost and the

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Handout 1b – Numeric Exercise of Gains from Trade Spring 2007 Page 1 of 2 The following handout is a numeric exercise of opportunity cost and the gains from trade. U.S. Japan Computers (millions) Televisions (millions) Computers (millions) Televisions (millions) 20 0 10 0 10 25 5 30 0 50 0 60 By placing computers on the vertical axis and televisions on the horizontal axis, graph the production possibilities curve (PPC) for each country. Production Possibilities Curves for U.S. and Japan 0 10 20 30 40 50 60 0 1 02 03 04 05 06 0 televisions (millions) computers (millions)
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Handout 1b – Numeric Exercise of Gains from Trade Spring 2007
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This note was uploaded on 04/18/2008 for the course ECON 100 taught by Professor Kasilwal during the Spring '07 term at CSU Long Beach.

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Handout 1b - Handout 1b Numeric Exercise of Gains from Trade Spring 2007 The following handout is a numeric exercise of opportunity cost and the

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