Table 1: Production Capacity of COVID-FREE LAND.Toilet Rolls Sanitizers30,000 028,000 1,00024,000 2,00018,000 3,00010,000 4,0000 5,000Use information in Table 1 above to answer the following questions: In your own words, while making use of the graph that you have created in part a, explain what the PPF is. Cleary state all assumptionsand properties of the PPF.

Table 1: Production Capacity of COVID-FREE LAND.Toilet Rolls Sanitizers30,000 028,000 1,00024,000 2,00018,000 3,00010,000 4,0000 5,000Use information in Table 1 above to answer the following questions: In your own words, while making use of the graph that you have created in part a, explain what the PPF is. Cleary state all assumptionsand properties of the PPF.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter2: Economic Tools And Economic Systems

Section: Chapter Questions

Problem 3.5P

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Hello, Can you help me answering question #6 in the image?
QUESTION 10 product Y 28 24 20 16 12 8 4 0 0 Production Possibilities Frontier PPFO 4 8 PPFn 12 16 Point E 20 24 product X 10. Assuming the PPF is shifting from PPFO to PPFn, which of the following explains the cause or causes of the economic growth depicted in this Figure? a) This Figure represents growth due to an increase in resources and/or improvement in technology that are specific to the production of X. b) This Figure represents growth due to an increase in resources and/or improvement in technology that are specific to the production of Y. This Figure represents growth due to an increase in resources and/or improvement in technology that are not specific to either product. d) This Figure represents growth due to an increase in specialization.
B and C NOT A
For question 1. I don’t understand how we are supposed to do the PPF with such little information. Then for parts A-D I feel like I don’t t cow enough information do all of that. I don’t understand how we do the graph
Check my Below is a production possibilities table for consumer goods (automobiles) and capital goods (forkifts) Production Alternatives Type of production Automobiles Forklifts 20 27 21 12 a. Show these data graphically Instructions: 1. Use the drawing tool (PPC, plot 5 points totel) to draw e PPC curve. 2. Once all points have been plotted, click on the line (not individual points) end a tool icon will pop up. You can use this to enter exact co-ordinates for your points es needed.
Refer to the following production possibilities table for consumer goods (automobiles) and capital goods (forklifts): Production Alternatives Type of Production Automobiles A B D 2 4 8 Forklifts 30 27 21 12 a. Show these data graphically. Instructions: Use the tool provided 'PPC' to draw a PPC curve (plot 5 points total). 10 Tools 8 PPC 6. 4 10 20 30 40 50 Forklifts Upon what specific assumptions is this production possibilities curve based? (Click to select) b. If the economy is at point C, what is the (opportunity) cost of 2 more automobiles? What is the (opportunity) cost of 6 more forklifts? Which characteristic of the production possibilities curve reflects the law of increasing opportunity costs: its shape or its length? (Click to select) Automobiles
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Activity 2: Production Possibilities Frontier EBP Construction is producing cements and plywood. The production function of the economic goods are presented in the table below. Plywood ("000 units) Cement Point ('000 units) A B 73 70 C 50 30 D 36 44 E 17 63 F 80 I Directions: Do the following tasks on a separate sheet of paper: a. Graph the PPF. b. Describe the nature of point A-F. c. Describe the nature of point G which is inside the PPF. d. Describe the nature of point H which is outside the PPF. PASIG NOISIAI
The table shows Yucatan's production possibities, Food (pounds per month) Food (pounds per month) 200 Sunscreen (gallons per month) and 200 100 and 400 50 and 600 and 800 150- Draw the four points defined in the table. Use the four-point line tool to draw the PPF. Label it. 100 100 IH Yucatan produces 100 pounds of food per month, it must produce 400 galions of sunscreen to achieve production efficiency 50 The opportunity cost of 1 pound of food isegallons of le00 400 Sunscreen (galons per month) le00 sunscreen 200 1000 The opportunity cost of 1 gallon of sunscroen isO pounds of food. > Answer to 2 decmal places. » Draw only the objects specified in the question
Refer to the following production possibilities table for consumer goods (automobiles) and capital goods (forklifts): Production Alternatives Type of Production A B D E Automobiles 4 8 Forklifts 30 27 21 12 a. Show these data graphically. Instructions: Use the tool provided 'PPC' to draw a PPC curve (plot 5 points total). 10 Tools 8 PPC 4 2 10 20 30 40 50 Forklifts Upon what specific assumptions is this production possibilities curve based? (Click to select) Automobiles
EX LO d @ Safari File Edit View History Bookmarks Window Help Lily ✓ My Home Courses Rental Options V Catalog and Study Tools Dashboard College Success Tips Help Career Success Tips Give Feedback « 100 CENGAGE MINDTAP PISTACHIOS (Millions of pounds) 48 42 36 Homework (Ch 03) The following graphs show the production possibilities frontiers (PPFS) for Shenandoah and Denali. Both countries produce peas and pistachios, each initially (i.e., before specialization and trade) producing 18 million pounds of peas and 9 million pounds of pistachios, as indicated by the grey stars marked with the letter A. 30 24 18 PPF 12 6 0 0 C Mind Tap - Cengage Learning 6 S Shenandoah A 12 18 24 30 PEAS (Millions of pounds) 36 42 48 ? JAN 28 PISTACHIOS (Millions of pounds) 48 42 36 30 24 6 C MindTap - Cengage Learning 0 ng.cengage.com PPF 6 Denali A 12 18 24 30 36 PEAS (Millions of pounds) 42 48 Shenandoah has a comparative advantage in the production of while Denali has a comparative advantage in the…
1. Draw a production possibility curve (PPC) with the number of pounds of rice that can be produced in one hour on the vertical axis and the number of shoe that can be produced in one hour on the horizontal axis using the information in the table below. The following table reveals the production possibilities for the company: Possibility Rice Shoe А 50 В 45 1 37 2 D 27 3 E 15 4 F 2. On the PPC graph in question 1: (a) explain why the production combinations located on the PPC are superior to the combinations that are located inside the PPC (b) explain why the production combinations past the PPC are not attainable during a current one-hour period but could be attainable in a future one-hour period. 3. On a separate graph demonstrate the marginal cost of shoe production per hour. 4. What is allocative efficiency and how does it relate to the PPC? Explain and represent this phenomenon on a graph on the market for shoe.