Q1. Draw the production possibility frontier for lowland on the graph please Minerals 25(millionsof tons)20151010152025Grapes (millions of tons)Figure 1 Production possibility frontier for HighlandTowards the right of Figure 1 are two circular red markers with a line between them thatyou can use to draw a production possibility frontier on Figure 1. You can move themarkers with the mouse by clicking on them and dragging. Alternatively, you can tab toeach marker and then use the keyboard arrow keys.Decide where to position the red markers based on the information below.There are two countries, called Highland and Lowland, with very different geography.They both produce grapes and dig for minerals, using only labour, with constant returnsto scale. Figure 1 shows the production possibility frontier for Highland and the tableshows the working population and productivity for Lowland.LowlandWorking population and production possibilitiesWorking populationProduction of tons of grapes per person per yearProduction of tons of minerals per person per year 52,000,00010Draw the production possibility frontier for Lowland.

A production possibility frontier (PPF) shows the maximum possible output combinations of two goods…

Lowland Working population and production possibilities Working population Production of tons of grapes per person per year Production of tons of minerals per person per year 5 2,000,000 10 Draw the production possibility frontier for Lowland.

Lowland Working population and production possibilities Working population Production of tons of grapes per person per year Production of tons of minerals per person per year 5 2,000,000 10 Draw the production possibility frontier for Lowland.

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

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Chapter1: Making Economics Decisions

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Q1. Draw the production possibility frontier for lowland on the graph please

Minerals 25
(millions
of tons)
20
15
10
10
15
20
25
Grapes (millions of tons)
Figure 1 Production possibility frontier for Highland
Towards the right of Figure 1 are two circular red markers with a line between them that
you can use to draw a production possibility frontier on Figure 1. You can move the
markers with the mouse by clicking on them and dragging. Alternatively, you can tab to
each marker and then use the keyboard arrow keys.
Decide where to position the red markers based on the information below.
There are two countries, called Highland and Lowland, with very different geography.
They both produce grapes and dig for minerals, using only labour, with constant returns
to scale. Figure 1 shows the production possibility frontier for Highland and the table
shows the working population and productivity for Lowland.
Lowland
Working population and production possibilities
Working population
Production of tons of grapes per person per year
Production of tons of minerals per person per year 5
2,000,000
10
Draw the production possibility frontier for Lowland.

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