4. Shifts in production possibilities Suppose Canada produces two types of goods: agricultural and capital. The followin

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4. Shifts in production possibilities Suppose Canada produces two types of goods: agricultural and capital. The followin

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4 Shifts In Production Possibilities Suppose Canada Produces Two Types Of Goods Agricultural And Capital The Followin 1
4 Shifts In Production Possibilities Suppose Canada Produces Two Types Of Goods Agricultural And Capital The Followin 1 (97.46 KiB) Viewed 45 times
4. Shifts in production possibilities Suppose Canada produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for barley, an agricultural good, and cars, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of an immigration law that results in fewer workers entering the country. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther.
540 450 PPF 360 CARS (Thousands) 270 180 90 PPF o 0 100 500 600 200 300 400 BARLEY (Millions of bushels)
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