Question No 2:  Below is a production possibilities table for consumer goods (automobiles) and capital goods  (computers). Show these data graphically, what are the assumptions? If economy is producing 3  automobiles and 20 computers, what could you conclude about its use of available resources? Is  production at a point outside the production possibilities curve currently possible?  Type of   Production/  Alternatives Automobiles  Computers A  0  30 B  2  27 C  4  21 D  6  12 E  8  0

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Question No 2: 

Below is a production possibilities table for consumer goods (automobiles) and capital goods  (computers). Show these data graphically, what are the assumptions? If economy is producing 3  automobiles and 20 computers, what could you conclude about its use of available resources? Is  production at a point outside the production possibilities curve currently possible? 

Type of  

Production/ 

Alternatives

Automobiles 

Computers

30

27

21

12

0

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