The nation of Routarou is able to produce turnips and potatoes in combinations represented by the data in the following table. Each number represents thousands of bushels. Potatoes Turnips 0 100 10 90 20 70 30 40 40 0   Plot this data on a production possibilities graph and explain why the data shows that Routarou experiences increasing opportunity costs.

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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  1. The nation of Routarou is able to produce turnips and potatoes in combinations represented by the data in the following table. Each number represents thousands of bushels.
Potatoes Turnips
0 100
10 90
20 70
30 40
40 0

 

Plot this data on a production possibilities graph and explain why the data shows that Routarou experiences increasing opportunity costs.

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