Use the PPF to answer the following questions:   (a) At point F, how many sweaters are being produced? How many hard drives? (b) Label points A-H as either efficient, inefficient, or unattainable. (c) Can we determine if point F is productively efficient? If so, is it productively efficient? (d) Can we determine if point F is allocatively efficient? If so, is it allocatively efficient?

Question

Use the PPF to answer the following questions:

 

(a) At point F, how many sweaters are being produced? How many hard drives?

(b) Label points A-H as either efficient, inefficient, or unattainable.

(c) Can we determine if point F is productively efficient? If so, is it productively efficient?

(d) Can we determine if point F is allocatively efficient? If so, is it allocatively efficient?

D
Hard drives
A
525
E
450
400
F
350
В
300
H
250
200
150
100
50
5 10 15 20 25 30 35 40 45 50
Sweaters
(thousands)
Expand
Transcribed Image Text

D Hard drives A 525 E 450 400 F 350 В 300 H 250 200 150 100 50 5 10 15 20 25 30 35 40 45 50 Sweaters (thousands)

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