Opportunity Cost...

is the next best alternative forgone when a choice is made.

What's next?

Yes. PPC is, also known as Production Possibility Frontier, is when all combinations of two goods are being produced during a given period of time with all resources fully and efficiently utilised.

Factors of Production: C-capital. E-entrepreneurship. L-land. L-labour

How to you shift the PPC curve outwards?
-Advancement in technology
-Increase in productivity
-Increase in resources.

What do you do when there's Econ's test tmr?

Edit photos????????????????????

Nice?
.
Nice?

NICE???????!!!!!!!

Bye.

Ok, I have a sudden impulse to continue econs-blogging.

(Alan replied my msn msgs)

so now I forgot what I want to type. -.-
Damn.