Use the graph below to answer questions 7 through 10.Can Openers14,00012,000Cs10,0008,0006,000PIF4,000PEF2,0005 6 7 8 Drill Presses2 3 41On PPF1, all of the following output combinations are currently attainable except:12,000 can openers and 0 drill presses.10,000 can openers and 6 drill presses.4,000 can openers and0 can openers and 7 drill presses.7.а.bdrill presses. ffccntC.d.On PPF1, the opportunity cost of the 7th drill press is approximately4,000can openers.8.8,000d.6,000b.2,000C.а.An increase from PPF1 to PPF2 makes it possible to produce approximatelyadditional can openers if 7 drill presses are9.produced.5,000d.7,0004,000b.2,000C.а.10.All of the following events would lead to a shift from PPF1 to PPF2 except:Improved technologyAn increase in the size of the labor forceA decrease in the capital stock caused by depreciation of machines and toolsGreater investment in education leading to a moreа.b.C.d.productive workforce

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Asked Sep 8, 2019
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I need help with question 8 as I am not sure how to identify the oppurtnity cost on the graph. 

Use the graph below to answer questions 7 through 10.
Can Openers
14,000
12,000
Cs
10,000
8,000
6,000
PIF
4,000
PEF
2,000
5 6 7 8 Drill Presses
2 3 4
1
On PPF1, all of the following output combinations are currently attainable except:
12,000 can openers and 0 drill presses.
10,000 can openers and 6 drill presses.
4,000 can openers and
0 can openers and 7 drill presses.
7.
а.
b
drill presses. ffccnt
C.
d.
On PPF1, the opportunity cost of the 7th drill press is approximately
4,000
can openers.
8.
8,000
d.
6,000
b.
2,000
C.
а.
An increase from PPF1 to PPF2 makes it possible to produce approximately
additional can openers if 7 drill presses are
9.
produced.
5,000
d.
7,000
4,000
b.
2,000
C.
а.
10.
All of the following events would lead to a shift from PPF1 to PPF2 except:
Improved technology
An increase in the size of the labor force
A decrease in the capital stock caused by depreciation of machines and tools
Greater investment in education leading to a more
а.
b.
C.
d.
productive workforce
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Use the graph below to answer questions 7 through 10. Can Openers 14,000 12,000 Cs 10,000 8,000 6,000 PIF 4,000 PEF 2,000 5 6 7 8 Drill Presses 2 3 4 1 On PPF1, all of the following output combinations are currently attainable except: 12,000 can openers and 0 drill presses. 10,000 can openers and 6 drill presses. 4,000 can openers and 0 can openers and 7 drill presses. 7. а. b drill presses. ffccnt C. d. On PPF1, the opportunity cost of the 7th drill press is approximately 4,000 can openers. 8. 8,000 d. 6,000 b. 2,000 C. а. An increase from PPF1 to PPF2 makes it possible to produce approximately additional can openers if 7 drill presses are 9. produced. 5,000 d. 7,000 4,000 b. 2,000 C. а. 10. All of the following events would lead to a shift from PPF1 to PPF2 except: Improved technology An increase in the size of the labor force A decrease in the capital stock caused by depreciation of machines and tools Greater investment in education leading to a more а. b. C. d. productive workforce

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Any changes in the output or technology will shift the production possibility curve. An increase or decrease in the output level will shift the PPF to the righ...

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