Evidence accumulates that the use of fertilizers, which increases agricultural production greatly, damages water quality. In what way would the production possibilities curve reflect scarcity, choice and opportunity cost?
Evidence accumulates that the use of fertilizers, which increases agricultural production greatly, damages water quality.
In what way would the
As it is said, more the use of chemical fertilizers, more there would be agricultural production and the quality of water will reduce.
Production possibility curve (PPC) 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.
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.
The shape of PPC is concave to the point of origin as when there is movement from A to B that is from the point of more quality of water (A) to the point of less quality of water and more of production of the agricultural goods (B), which shows the sacrifice in the quality of water so as to get more of the agricultural production by using more of chemical fertilizers.
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