Evidence accumulates that the use of fertilizers, which increases agricultural production greatly, damages water quality. Explain in words how you would draw a production possibility curve to depict this (i.e. which good should be placed on each axis) and why your curve would have a particular shape.
Evidence accumulates that the use of fertilizers, which increases agricultural production greatly, damages water quality.
Explain in words how you would draw a
As it is said, more the use of chemical fertilizers, more there would be agricultural production and the quality of water will reduce.
Considering this, the production possibility curve (PPC) which shows different combinations of two goods produced with the given resources with all the possible outcomes, where production of one commodity is sacrificed so as to increase the production of other commodity.
To show these on the PPC, it can be seen that, there is a direct relationship between the use of chemical fertilizers and agricultural production, which explains that as use of chemical fertilizers increase, there would be increase in the production. But with more use of chemical fertilizers, there would be a decline in the water quality which shows their inverse relationship.
On the PPC, the agricultural production would be on the X-axis and the water quality would be on the Y-axis so as to depict that as agricultural production is the necessity of human life, more production is required, which shows there would be more of agricultural production by sacrificing the quality of water.
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