opportunity costs, economics homework help

Unit 1: Introduction to Economics Mid Checkpoint Apply

Complete the following:

Task 1

In this unit, you were introduced to an important concept in the study of Economics, opportunity costs. To complete this task, review your notes on this subject.

Create a graph and choose to spend 10 hours between doing any two activities. Illustrate this on the graph. Identify the opportunity costs and label this on the graph. You can draw this on paper and take a picture, then copy and paste this to a document.

  • Graph structure- 40%
  • Details- 45%
  • Grammar and punctuation- 15%
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