Please choose answers for what happens to ppf and explanation from the dropdown shown Question 3 - Part 2Explain how each of the following situations would affect a nation's production possibilities curve.(i1) COVID-19 increases the number of unemployed workers in the nation.What happens to PPF Choose.Choose.ExplanationUnused resourcesProduce outside PPFReduction in resourcesPPF shifts outwardsQuestion 3 - Part 3Produce inside PPFExplain how each of th Increase in resourcesproduction possibilities curve.(iii) A global pandemic Increased production given resourcesPPF shifts inwardsdeath of over 400,000 individuals.What happens to PPFChoore

The PPF curve shows the combinations of goods that a nation can be produced using all of its…

Question 3 - Part 2 Explain how each of the following situations would affect a nation's production possibilities curve. (m COVID-19 increases the number of unemployed workers in the nation. What happens to PPF Choose. Explanation Choose. Unused resources Produce outside PPF Reduction in resources PPF shifts outwards Question 3 - Part 3 Explain how each of th Increase in resources (ii) A global pandemic Increased production given resources Produce inside PPF s production possibilities curve. death of over 400,000 individuals. PPF shifts inwards

Question 3 - Part 2 Explain how each of the following situations would affect a nation's production possibilities curve. (m COVID-19 increases the number of unemployed workers in the nation. What happens to PPF Choose. Explanation Choose. Unused resources Produce outside PPF Reduction in resources PPF shifts outwards Question 3 - Part 3 Explain how each of th Increase in resources (ii) A global pandemic Increased production given resources Produce inside PPF s production possibilities curve. death of over 400,000 individuals. PPF shifts inwards

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Consider the PPF of a country with movies on the horizontal axis and computers on the vertical axis. Show the effects of each of the following: War results in a loss of life for one in eight prime-age males
Suppose the fictional country of Everglades produces only two goods: sorghum and telephoto lenses. The following graph plots Everglades's current production possibilities frontier, and includes six different output combinations given by black points (plus symbols) labeled A to F. 80 PPF 60 K E + 40 20 A B C D 100 TELEPHOTO LENSES (Millions) Point Inefficient E F 0 0 ++ Complete the following table by indicating whether each point represents output combinations that are inefficient, efficient, or unattainable. Check all that apply. 0 C r 20 0 60 SORGHUM (Millions of bushels) Efficient 00 0 40 0 X8 C D Unattainable 0 0 00 80 100
Autos PPF Lumber E SCO 4. Refer to the figure above. Which point or points would society definitely prefer to point A?
Suppose that society could produce the following combinations of pizzas and books: Alternative Quantity of pizzas Quantity of books A 50 40 10 30 18 20 24 10 28 F 30 a. Using graph paper (or a computer program), draw the PPF for pizza and books, being as exact and neat as possible. (Put books on the horizontal axis. Assume that the points above can be connected to define a complete curve.) b. Is it possible or efficient for this society to produce 25 pizzas and 25 books? c. Is it possible or efficient for this society to produce 42 pizzas and 1 book? d. If society is currently producing Alternative B, then the opportunity cost of moving to Alternative A (and getting 10 more pizzas) is, Is the opportunity cost of producing pizzas higher or lower moving from Alternative F to E than moving from Alternative B to A? Why is this likely to be so? f. Suppose that the technologies used in producing both pizzas and books improve. Draw one possible new PPF in the graph above that represents the…
Alex Selkirk's PPF is given below. The outputs represent what he can catch, or produce, in any given day. What is his opportunity cost of catching one Goat? Group of answer choices (5/9) Fish (9/5) Goats (5/9) Goats (9/5) Fish not enough information to answer the question
Graphically show William's production possibilities frontier. Debate should be on the vertical axis. Label four points on the graph: (A) a point inside the PPF; (B) a point on the PPF where debate is more valued than studying; (C) a point on the PPF where studying is more valued than debate; (D) a point outside the PPF. Explain the effects of an economy at point A Explain the effects of an economy at point B Explain the effects of an economy at point C Explain the effects of an economy at point at point D (assume that nothing in our economy changes) Does our PPF experience the law of increasing opportunity cost? How do we know? Under what conditions can we have a linear PPF rather than a "bowed-out" PPF? Sketch a PPF that experiences increasing opportunity cost and a PPF that experiences constant opportunity cost.
Give only typing answer with explanation and conclusion PPC is concave to the point of origin because as we move along the curve, slope of PPC keep on decreasing. True or false?
In 50 words, tell the reason why PPF do not bow inward.
Suppose that the church offers free tuition to Inanda Seminary High School students with a "B" average. In 2020, the church raised the requirement so that fewer students qualified for the scholarship. At the same time, the church increased spending on health care. Suppose that high school education is on the vertical axis and health care is on the horizontal axis of a PPF. These changes a. will cause a shift out of the PPF. b. are an example of incentives C. are an example of a tradeoff. d. will cause a shift in of the PPF.
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COURSES 16 Study Tools 16 24 32 40 LEMONS (Millions of pounds) 48 56 64 College Success Tips The following graph shows the same PPF for Desonia as before, as well as its initial consumption at point A. Career Success Tips Help [+SIGN OUT As you did for Candonia, place a black point (plus symbol) on the following graph to indicate Desonia's consumption after trade. རྩ་ནི་དྷྭ༅་སི་ན་ TEA (Milions of pounds 16. B PPF 0 8 16 24 Desonia 40 LEMONS (Millions of pounds) Consumption After Trade ⑦? True or False: Without engaging in international trade, Candonia and Desonia would have been able to consume at the after-trade consumption bundles. (Hint: Base this question on the answers you previously entered on this page.) True O False Grade It Now Save & Continue Continue without saving