Take Advantage
PPF
Black Excellence
Vocab
100
Who has the absolute advantage in making books?
Sue
100
The full name for an economic model in the form of a line graph that shows how an economy might use its resources to produce two goods
Production Possibilities Frontier
100
The first African American President
Barrack Obama
100
The study of how humans make decisions
Economics
200
Who has the absolute advantage in making Valentines?
Ms. Mora
200
Inefficient
200
Released in 2017, this critically acclaimed debut studio album Ctrl, from this artist, features the tracks "Love Galore" and "The Weekend."
SZA
200
This results from the fact that we have unlimited wants but limited resources
Scarcity
300
Who has a comparative advantage in making valentines?
Ms. Mora
300
Points C, D, E
Efficient
300
Stevie Wonder
300
Opportunity cost formula
cost/gain
400
What is Sue's per unit opportunity cost of making valentines?
.3 books
400
Point A
Unattainable
400
This movie centers three brilliant African-American women at NASA who helped launch astronaut John Glenn into orbit
Hidden Figures
400
The next best alternative
Opportunity Cost
500
If Ms. Mora and Sue specialize and trade how many books and valentines can they each consume?
10 Valentines and 1.5 books
500
Growing
500
This woman is the third African American to win a grammy in rap. Following in the footsteps of Ms. Lauryn Hill and Cardi B.
Doechii
500
When two people produce two products, the one who has to give up less has this kind of advantage
Comparative Advantage