Ppf productivity

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Ppf productivity

  1. 1. Bell ringer on a full sheet 1. On a typical Saturday, what are the 4 activities you would spend the most time doing while you are awake? (school appropriate) 2. What might cause you to lose time to do those activities?
  2. 2. #3 Create a pie chart of the time you spend on your typical Saturday activities #4 Which activity could you speed up to give your self more time to do other activities? 1.5 hours Activity 1 Activity 2 3 hours 4 hours 3 hours Activity 3 Activity 4
  3. 3. #4 Create a line graph with your top 2 types of activities (Ex: fun & work) fun #5 What is the opportunity cost of working 1 hour? work
  4. 4. Production Possibilities Frontier • Graphical example of opportunity cost • A useful tool • X axis one choice • Y axis other • Assume a student can study or work and has 7 hours of free time Hours working Hours studying
  5. 5. • Causes: • Sleeping • Talking too much • Day dreaming • Texting • Web surfing • Absenteeism • Raw materials • Any others? Inefficiency chairs Production Possibilities Curve (4,2) tables
  6. 6. Guns or butter? Guns A B Butter
  7. 7. Production Possibility Frontier
  8. 8. Closure on BR #6 Identify three ways you could shift your PPF out for your Saturday? In other words, how could you become more productive? #7 What is the opportunity cost of changing production from point A to point G? #8 What is the opportunity cost of changing production from point C to point D? #9 What is the opportunity cost of changing production from point F to point D? #10 What’s wrong with point J? H. J.

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