i neeed this in wordsnot handwrittenplease Rewrite it In thethe other CountoyDameway,car specialize inproducing goodwhere opportunity corat of maringDower.it will help bottewill beIf it is followed,therCourtsico izavoiding incxcasing opportinity Coatwhich Comer with producing more ofOneJood &insteadcan toade at aCorotart yatefor good whichtheydo not produ ce.Both courtrio will be bettor off izthis Condition, & heare they willbe able toCoo umeat pointabove theix PPF. As por the asDumptions whichis not possible forto produce at pont beyondwe have, itfconorySuch combination of ferkliftPPF.automobile above pPF cre psoductionplans which econ omy Cannot afford.However. with a Future ad vancernent inPPF will shift outward.tehndlogySuch shift will allow mauy pointowhich aie unaffordable befere to becomeafferdable for ecoromyIf intonationral taade is done then itsfeiali sng thehelp ingoodwhich(orhave Comqarative advantageJssin pyoductiontheygood where they geve upof other

The article is about the PPF. PPF refers production possibility frontier, which is also known as the…

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Economics

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

i neeed this in words

not handwritten

please Rewrite it

In the
the other Countoy
Dame
way,
car specialize in
producing good
where opportunity corat of maring
Dower.
it will help botte
will be
If it is followed,
ther
Courtsico iz
avoiding incxcasing opportinity Coat
which Comer with producing more of
One
Jood &
instead
can toade at a
Corotart yate
for good which
they
do not produ ce.
Both courtrio will be bettor off iz
this Condition, & heare they will
be able to
Coo ume
at point
above theix PPF.

As por the asDumptions which
is not possible for
to produce at pont beyond
we have, it
fconory
Such combination of ferklift
PPF.
automobile above pPF cre psoduction
plans which econ omy Cannot afford.
However. with a Future ad vancernent in
PPF will shift outward.
tehndlogy
Such shift will allow mauy pointo
which aie unaffordable befere to become
afferdable for ecoromy
If intonation
ral taade is done then it
sfeiali sng the
help in
good
which
(or
have Comqarative advantage
Jss
in pyoduction
they
good where they geve up
of other

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