The production possibility frontier

In this case, the points A, B, C, D, E - points belonging to the CPV. Point G in graphics CPV means incomplete or inefficient use of available resources. Point F (above the curve) is unattainable for a given amount of resources and available technology. To get to this point you can, if you increase the amount of resources used or improve the production technology (for example, to replace manual labor to machine). When driving on the curve can only be one, the best option of motion, which gives the best results at the lowest cost. Production possibility curve shows the set of points or decisions within which you should choose the best option. All other points are missed opportunities or alternative costs.

CONTENT
I. Suggest the Russian equivalents……………………………………………….3
II. Fill in the gaps with the words and expressions from the text……….3
III. Draw a figure, complete it, mark all the points (from A to G) and
explain it in English making use of the following phrases………………3
IV. Find English equivalents……………………………………………...4
V. Explain in English……………………………………………………...4
VI. Answer the question…………………………………………………..5
VII. Translate into English using all the active possible…………………6