Drawing (constructing) a production possibility curve
Channel: Werner Lost
Date: 2012-06-16

In this clip a production possibility curve is drawn (constructed) from a table containing data showing the different combinations of pillows and blankets that can be produced with a given amount of resources.  In this example the given amount of resources is 6 labourers..  Varying the amount of labour allocated to the production of pillows and blankets different combinations of pillows and blankets that can be produced are plotted and a production possibility curve is the result.