- Ed’s spot
- Spots with more health and more bread
- Ed’s indifference curve
- Original frontier
Bread0.0loaves
Health10.0
- Producing health 0.0 days
- Sick 100.0 days
- Making bread 0.0 days
Split Ed’s days and watch the curve appear
Drag the dot along the curve, or use the slider. Start at A and move slowly, keeping an eye on the red sick days.
Point A: minimum health
Try this: find the spot where bread stops growing. How many sick days are left there, and why doesn’t Ed get rid of them?
Five points to know
Pick a point here or tap one on the graph.
Try this: pick E and look at the blue area. Then pick C. Why does the blue area disappear?
Where does Ed choose to be?
The frontier shows what Ed can have. His preferences decide where he wants to be: he picks the highest indifference curve that still touches the frontier.
Try this: slide all the way from left to right. Does Ed ever choose a point between A and C?
Check yourself
Question 1 of 7
Pick an answer first.
Go back to any step to review, or open the last step to see what shifts the whole curve.
What shifts the whole curve?
Education and better medical care make each day spent on health more productive. Educated people tend to be more efficient producers of health, so their whole frontier sits further out.
| Original | Now | |
|---|---|---|
| Most bread, at C (loaves) | ||
| Health days to reach C | ||
| Most health, at F |