31 Video: Society’s Production Possibilities Curve

Now that you understand the choices made by a single individual, we’ll take a look at the production possibilities for a society.

To help you practice graphing, the data table used in the video is shown below.

Military Civilian
A) 5,000 0
B) 4,800 1,000
C) 4,500 2,000
D) 4,000 3,000
E) 3,300 4,000
F) 2,000 5,000
G) 0 6,000

 

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Microeconomics by Lumen Learning is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.

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