Problem 10
Why are all choices economic choices? Illustrate your answer with examples.
Problem 10
Challenge During a war, a country suffers massive devastation of its industry. How would the country's PPC change from before the war to after the war? Sketch a PPC to illustrate your answer.
Problem 10
Challenge At one time or another, you have probably made a choice about how to use your scarce resources that you later regretted. For example, you may have purchased a music download instead of going to the movies. What led you to your choice? What did you learn later that might have led you to a different choice?
