Asked Nov 2, 2019

Suppose in a year an American worker can produce 100 shirts or 20 computers, while a Chinese worker can produce 100 shirts or 10 computers.Graph PPC for the 2 countries


Expert Answer

Step 1

A Production Possibility Curve (PPC) is a graph that shows all the possible combinations of two commodities/services in country, when there is a fixed availability of certain resources.

Both the graph of America’s PPC and China’s PPC shows shirts on the y-axis and computers on the x-axis.

Step 2

American workers produce 100 shirts and 20 computers. The g...

2S 3

Image Transcriptionclose

AHERICAN WORKERS 70 40 30 20 + + 2S 3 2D Computes


Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in



Related Economics Q&A

Find answers to questions asked by student like you

Show more Q&A add

Q: 4.4 how am i supposed to show this, are there going to be two lines crossing over eachother?

A: An increase in firm’s expected profits from an investment projects will reduce the demand for loanab...


Q: Douglas Fur is a small manufacturer of fake-fur boots in Dallas. The following table shows the compa...

A: The following formulas are being used to compute the table where Marginal cost (MC) is the differenc...


Q: Even with the new incentives for new insured enrollees to access primary care services there are mor...

A: The equilibrium in the market is obtained at the intersection of the demand and the supply curves in...


Q: Question 14 Consider a newspaper with production function f(L,K)= 4min{L,K}, where L is the units of...

A: The production function is shown in white board.f (L, K) = 4 min {L, K}Where, L is the units of labo...


Q: Name an example of a local monopoly?

A: Local monopoly is the type of monopoly that is limited to a small geographical region where monopoly...


Q: In order to produce a new product, a firm must lease new equipment. The managers feel that they can ...

A: The quantity of output that can be sold in the market is equal to 10,000 and the per unit price that...


Q: Table of Contents Section 5- International Trade Dropbox Question 7 Dropbox Question 7 Dropbox Quest...

A: We answer only one question at a time. So, we are answering the first question asked by you. If you ...


Q: Part f and i

A: (f)In this part, the U.S. surgeon announces that hot chocolate cure acnes; therefore, knowing this p...


Q: (Look At image to solve these) a. What is the consumer surplus in the equilibrium?   b. Suppose ther...

A: (a)By considering the above given information, the graph for the market of flash lights can be drawn...