FALL 2023 Name: ECON 105 CLASSWORK 1 Production Possibilities Frontier Happyland can use its limited resources to produce only pizza and beer. Below, are feasible combinations of pizza and beer that Happyland can produce, and that employ all Happyland's productive resources. Pizza 4 3 2 1 0 Beer 0 2 4 6 8 1. In the graph below, construct Happyland's PPE Be sure to place pizza on the horizontal axis and beer on the vertical axis.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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FALL 2023
9
produced
Name:
5. Suppose that Happyland's technology to produce pizza is improved. In the graph above,
construct Happyland's NEW PPE and label it accordingly.
2
3
C
$
एं
M
%
5
Il
t
acer
30 Oll
O
< 6
g
y
&
7
h
u
* 00
8
9
Transcribed Image Text:FALL 2023 9 produced Name: 5. Suppose that Happyland's technology to produce pizza is improved. In the graph above, construct Happyland's NEW PPE and label it accordingly. 2 3 C $ एं M % 5 Il t acer 30 Oll O < 6 g y & 7 h u * 00 8 9
FALL 2023
9
produced
Name:
5. Suppose that Happyland's technology to produce pizza is improved. In the graph above,
construct Happyland's NEW PPE and label it accordingly.
2
3
C
$
एं
M
%
5
Il
t
acer
30 Oll
O
< 6
g
y
&
7
h
u
* 00
8
9
Transcribed Image Text:FALL 2023 9 produced Name: 5. Suppose that Happyland's technology to produce pizza is improved. In the graph above, construct Happyland's NEW PPE and label it accordingly. 2 3 C $ एं M % 5 Il t acer 30 Oll O < 6 g y & 7 h u * 00 8 9
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