Moe divides his time between studying Physics and studying Economics. He has discovered that he can earn grades as shown on this production possibilities curve. 
Refer to the figure above. Both of Moe's professors require at least a 65 to pass and a 90 to earn an A. After looking at his PPC, Moe realizes that:
Definitions:
Market Price
The existing cost for purchasing or selling an asset or service.
Net Income
The amount a company earns after deducting every cost, expense, and tax from its total income.
Price-Earnings Ratio
A valuation ratio of a company's current share price compared to its per-share earnings, used to evaluate if a stock is over or undervalued.
Market Price
The present rate at which a service or asset is being traded.
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