More cards in this set

Card 6

Front

What is a tradeoff?

Back

Preview of the front of card 6

Card 7

Front

What does the point underneath the PPF represent?

Back

Preview of the front of card 7

Card 8

Front

What does the point outside the PPF represent?

Back

Preview of the front of card 8

Card 9

Front

What does the points on the PPF represent?

Back

Preview of the front of card 9

Card 10

Front

What is allocative efficiency?

Back

Preview of the front of card 10