Country A and Country B are two countries that each produce t-shirts (T) and sneakers (S). From its available resources and technology Country A can produce 100 t-shirts and 0 sneakers or 0 tshirts and 200 sneakers or any combination of t-shirts and sneakers that sits on Country A’s linear PPF. From its available resources and technology Country B can produce 50 t-shirts and 0 sneaker or 0 t-shirt and 50 sneakers or any combination of t-shirts and sneakers that sits on Country B’s linear PPF.
3. Country A and Country B are two countries that each produce t-shirts (T) and sneakers (S). From
its available resources and technology Country A can produce 100 t-shirts and 0 sneakers or 0 tshirts and 200 sneakers or any combination of t-shirts and sneakers that sits on Country A’s linear
or 0 t-shirt and 50 sneakers or any combination of t-shirts and sneakers that sits on Country B’s
linear PPF.
a. On two separate graphs draw the PPF for Country A and Country B. Measure t-shirts on
the vertical axis and sneakers on the horizontal axis.
b. Write an equation in slope-intercept form for the PPF for Country A.
c. Write an equation in slope-intercept form for the PPF for Country B
Step by step
Solved in 3 steps with 1 images
