1. PowerPoint Exhibit Slides to Accompany Principles of Economics
Fred M. Gottheil
Chapter 2
PRODUCTION POSSIBILITIES AND OPPORTUNITY COSTS

2. EXHIBIT 1 PRODUCTION POSSIBILITIES FRONTIER
Chapter 2 Production Possibilities and Opportunity Costs © 2001 South-Western

3. EXHIBIT 2 SHIFTS IN THE PRODUCTION POSSIBILITIES FRONTIER
Chapter 2 Production Possibilities and Opportunity Costs © 2001 South-Western

4. EXHIBIT 3 COMPARATIVE ECONOMIC GROWTH
Chapter 2 Production Possibilities and Opportunity Costs © 2001 South-Western

5. EXHIBIT 4. PRODUCTION POSSIBILITIES GENERATED
EXHIBIT 4 PRODUCTION POSSIBILITIES GENERATED BY SPEAR AND NET TECHNOLOGIES
Chapter 2 Production Possibilities and Opportunity Costs © 2001 South-Western

6. EXHIBIT 5. INWARD AND OUTWARD SHIFTS OF THE
EXHIBIT 5 INWARD AND OUTWARD SHIFTS OF THE PRODUCTION POSSIBILITIES CURVE
Chapter 2 Production Possibilities and Opportunity Costs © 2001 South-Western

7. EXHIBIT 6 POSSIBLE, IMPOSSIBLE, AND LESS THAN POSSIBLE
Chapter 2 Production Possibilities and Opportunity Costs © 2001 South-Western

8. EXHIBIT 7. PRODUCTION OF FISH AND SHIRTS PER. EIGHT-HOUR DAY—ABSOLUTE
EXHIBIT 7 PRODUCTION OF FISH AND SHIRTS PER EIGHT-HOUR DAY—ABSOLUTE ADVANTAGE
Chapter 2 Production Possibilities and Opportunity Costs © 2001 South-Western

9. EXHIBIT 8. PRODUCTION OF FISH AND SHIRTS PER
EXHIBIT 8 PRODUCTION OF FISH AND SHIRTS PER EIGHT-HOUR DAY—COMPARATIVE ADVANTAGE
Chapter 2 Production Possibilities and Opportunity Costs © 2001 South-Western