Opportunity Cost, and
Production Possibilities Frontier
PPF - The boundary between the
combinations of goods and services
that can be produced and the
combinations that cannot be
Minimum Wage's Discriminatory Effects
by Walter E. Williams
As if more proof were needed about the minimum wage's devastating effects, yet another study
has reached the same conclusion. Last week, two labor economists, Professors William Even
Economics Systems and Decision Making
1) Economic Systems
2) Evaluating Economic Performance
3) Capitalism and Free Enterprise
Three Basic Questions
Every society must decide:
What to produce?
Goods and Services
How to produce?
Be on task and participate with the decision
Support your ideas with sound logic and
reasoning not personal bias.
All students will be involved in the group
report to the class.
Use your library voi
Whats in a name? For the pros, Big bucks.
1) Because its a medical term for the canal through which people excrete solid waste.
2) They worry about selecting a name that offends in another language or like someone
3) Because the shoe stor