how does technology affect the production possibility frontier/curve?

Q: A nation can produce two products: steel and wheat. The table below is the nation's production…

A: The production function is a border or frontier that denotes the greatest quantity of output that…

Q: With reference to the production possibility frontier: a) Draw a production possibility frontier,…

A: The curve for production possibilities shows various pairings of two commodities that can be…

Q: Draw an example of a production possibilities frontier for Robinson Crusoe, a shipwrecked sailor who…

A: Assume Robinson works for 7 hours in a day to catch 1 fish or 1 unit of coconut per hour. Therefore…

Q: discuss how the production possibility frontier model can be used to illustrate the basic economic…

A: Both businesses and macroeconomic factors make use of the principle of the production possibilities…

Q: Which of the following concepts can be used to explain why production possibility frontiers is…

A: The graph known as the Production Possibilities Frontier (PPF) illustrates all the possible output…

Q: Using the possibiliting Frontier ExpRain the concept of Opportunity cost moving From D.toA and B to…

A: Answer -   Opportunity cost :- It is the cost that an individual need to pay to choose one option…

Q: Assume a country produces haircuts and shirts with inputs of labour. The country has 100 hours of…

A: PPF is Production Possibility Frontier shows the possible combination of two goods that can be…

Q: A point inside a production possibilities frontier?

A: Production Possibility Frontier: It refers to the graphical representation of various possible…

Q: Using the table, draw the Production Possibility Frontier for Happyland.

A: Answer: Production possibility frontier: PPF is a curve that shows the different combinations of two…

Q: give an example of economic problem involving opportunity cost that SA government is curretly facing…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: 9. The following data show the combinations of output of cars and computers. mbination Computers…

A: The Production Possibilities Curve is a model being used for showing the tradeoffs being associated…

Q: Production Possibilities Frontier for Coffee and Tea A В C Coffee 1 2 4 Tea 14 12 9. se the…

A: A production possibility frontier (PPF) shows the maximum possible output combinations of two goods…

Q: nd and alfalfa on the rest. Barley Alfalfa (Bushels per acre) (Bushels per acre) Jake 40 8. Latasha…

A: Jake's can produce either 40 bushels of barley or 8 bushels of Alfalfa per acre of land Latasha can…

Q: Production possibilities frontier illustrates both production efficiency and opportunity cost.…

A: Production Possibility Frontier (PPF) also know as production possibility curve (PPC) helps us in…

Q: The table below shows one of the most preferred trade exercises in your class, according to your…

A:

Q: How does the shape of production possibility frontier graph affect the opportunity cost?

A: As the wants and desires of the individuals in the economy are unlimited but the resources available…

Q: Use Production Possibility Frontier to discuss the idea of 'efficiency'.

A: Production possibility frontier refers to different combination of two commodities that can be…

Q: Maximum poSSible bination öf food and clothing that can be produced in a given period of time is…

A: When one wants to find out the different combinations of amounts of two commodities can be produced…

Q: Georgia is pondering whether adding one additional painting to her art installation will make the…

A: Answer: option d (net marginal benefit) Explanation: Since Georgia is pondering about the marginal…

Q: A group of students raises money each year by selling souvenirs outsi de the stadium after a cricket…

A:

Q: A. You have an apple orchard and have recentlylorang added a small plot of land for oranges as well.…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Arturo's Production Possibilities Frontier Ihris 500 450 400 350 300 250 300 1.50 100 30 50 100 150…

A: Production possibility frontier illustrates the combination of two goods that a nation (or…

Q: Evaluation for Production Possibilities Frontier

A: The economics as a study is based upon the idea that there is a limit to the resources which are…

Q: 15 Producton 14 roter 12 Cell phones (millons per year) Cell phones (millons) 2 3 DVDS (milons) 15…

A: Cellphone 3 4 DVD 9 5 Possibility D E Opportunity cost of DVD=loss of cellphonegain of…

Q: What is the Production–possibility frontier curve? Explain it in reference of before Specialization…

A: In economics, different mathematical, statistical, and other tools are used to express the…

Q: Consider the Production Possibilities Frontier (PPF) where tvs production is defined on x- axis and…

A: When production plan is on the PPF and is efficient then the following equation is satisfied;…

Q: ASSIGNMENT NO HARD COPY OR EMAILED ASSIGNMENT WILL BE ACCEPTED. ALL SUBMISSIONS MUST BE VIA MOODLE…

A: Note: Since you've asked multiple subpart question, we will solve the first three subparts for you.…

Q: Production possibilities frontier illustrates both production efficiency and opportunity…

A: A Production Possibility Frontier or PPF refers to choices that society makes by combination of…

Q: Sigmund Freud, in his 1930 essay Civilization and Its Discontents, argues that thesublimation of…

A: Sigmund Freud, in his 1930 essay Civilization and Its Discontents, argues that thesublimation of…

Q: Table 1: Production Capacity of COVID-FREE LAND.Toilet Rolls30,000 28,000 24,000 18,000 10,000…

A: Given: Toilet Rolls Sanitizers 30,000 0 28,000 1,000 24,000 2,000 18,000…

Q: What's does a production possibility frontier illustrates?

A: The production possibilities frontier(PPF) displays the productive capacity of a nation. A…

Q: After Hurricane Katrina devastated parts of Mississippi and New Orleans in 2005, we can be sure that…

A: The combination of the goods and services which can be produced efficiently, of they are on the…

Q: What is the Production Possibility Frontier?

A: please find the answer below.

Q: A套第7页共10页 According to production possibility frontier of an economy in the two graphs below, answer…

A: The production plausibility frontier (PPF) is a bend outlining the shifting measures of two items…

Q: Assumptions are initial conditions made before production possibilities frontier (PPF) is built.…

A: The production-possibility frontier is a graph showing different variations of the quantities of two…

Q: Explain Production possibility frontier with an example and give explanation on why it is…

A: Meaning of Production Possibility Frontier: The term production possibility frontier refers to the…

Q: Explain the usefulness of a Production Possibilities Frontier and how it could be applied to an…

A: Production possibility frontier: - it is the graphical representation of different combinations of…

Q: Home country has 1,200 units of labor available. It can produce two goods, apples and bananas. The…

A: The Production Possibility Frontier (PPF) is a curve illustrating the varying amounts of two…

Q: Situation in whic UDI U 1O jun oue aun O a. Scarcity Ob. Production Possibility Frontier OC.…

A: Item available indicates the supply of a good while item people want is the demand for the good.

Q: 9. The following data show the combinations of output of cars and co computers. TIT Combination…

A: a.

Q: A shift outward of the production possibilities frontier line indicates what?

A: A shift outward production possibility Frontier is a positive thing for an economy.

Q: A B Using the posibiliting Frontier ExpRain the concept Of Opportunity cOşt moving FromD.tA and B…

A: Opportunity cost arises due to the scarcity of resources in the economy because natural resources in…

Q: Types of Production A E Sandals 10 12 14 16 Boots 50 40 30 20 What is the opportunity cost of moving…

A: At point A, 0 sandals and 50 boots has been produced At point B, 10 sandals and 40 boots has been…

Q: Bread C • В A • Steel The graph shows the production possibility frontier for a country that can use…

A: Production possibility frontier shows combinations of two goods that can be produced with the given…

Q: Ice cream (millions of gallons per year) 4 3 24 3 4 Milk (millions of gallons per year) The figure…

A: Given the PPF above, the economy is at production efficient level ie on PPF when 3 million gallons…

Q: Lesotha has cither 20 rodios or 300 tons of maize. South Açaica has 200 workers, and cach cangraduce…

A: A production possibility frontier is a curve that illustrates the maximum possible output…