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Card 6
Front
Explain what is meant by a non renewable resource
Back
Card 7
Front
Explain the importance of opportunity costs
Back
Card 8
Front
Explain what is meant by a production possibility frontier
Back
Card 9
Front
Explain how a PPF can depict the maximum production potential
Back
Card 10
Front
Explain how the PPF can depict opportunity costs
Back
Card 11
Front
Explain how the PPF can depict economic growth or decline
Back
Card 12
Front
Explain how the PPF can depict an efficient allocation of resources
Back
Card 13
Front
Explain how the PPF can depict an inefficient allocation of resources
Back
Card 14
Front
Explain how the PPF can depict possible production
Back
Card 15
Front
Explain how a PPF can depict unobtainable production
Back
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