AP Macroeconomics · Unit 1 · Topic 1.2
Pick a subject, then tap the hours you want to give it. Watch where each plan lands on the graph.
0 English6 Calculus
Every plan starts from 6 hours of Calculus. Give some hours to English.
Tonight's possibilities
The table and the graph hold the same seven plans. Pick where you start, then where you move. The graph measures what you gain and what you give up.
| Plan | English | Calculus |
|---|---|---|
| 0 | 6 | |
| 1 | 5 | |
| 2 | 4 | |
| 3 | 3 | |
| 4 | 2 | |
| 5 | 1 | |
| 6 | 0 |
Six hours, seven plans
Tap a plan in the table or on the graph to start.
A second tap picks where you move. Tap a plan again to unpick it.
Check
What is the opportunity cost of moving from point C to point D?
Real PPCs count goods, not hours. In one hour you can write 2 English essays or finish 1 Calculus problem set. Slide along the line and watch what each step costs.
Output from six hours
2 problem sets · 8 essays
One more problem set costs
2 essays
The hour it takes could have written 2 essays.
One more essay costs
½ problem set
An essay takes half an hour, half of a problem set's hour.
Check
What is the opportunity cost of 1 problem set?
Check
What is the opportunity cost of 1 essay?
Lab summary
The trade-off
Calculating opportunity cost
Per-unit opportunity cost