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Suppose France produces two types of goods: agricultural and capital. The following diagram shows its current production
Posted: Sun May 29, 2022 7:06 pm
by answerhappygod
- Suppose France Produces Two Types Of Goods Agricultural And Capital The Following Diagram Shows Its Current Production 1 (26.79 KiB) Viewed 12 times
Suppose France produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for alfalfa, an agricultural good, and cars, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a time-saving innovation in the manufacturing of cars. 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. 180 PPF CARS (Thousands) 150 120 S 30 0 30 PPF 60 90 120 ALEALEA INs of bisbelal 150 180