Suppose the fictional country of Denali produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for apples, an agricultural good, and laptops, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a measles outbreak that sickens millions of workers. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. LAPTOPS (Thousands of units) 240 210 180 150 120 60 30 PPF 0 0 70 140 210 280 350 APPLES (Millions of units) 420 490 560 PPF (?)
Suppose the fictional country of Denali produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for apples, an agricultural good, and laptops, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a measles outbreak that sickens millions of workers. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. LAPTOPS (Thousands of units) 240 210 180 150 120 60 30 PPF 0 0 70 140 210 280 350 APPLES (Millions of units) 420 490 560 PPF (?)
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 7SQ
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