Attempts 3 Shifts In Production Possibilities Suppose The Netherlands Produces Two Types Of Goods Agricultural And Cap 1 (32.93 KiB) Viewed 50 times
Attempts 3 Shifts In Production Possibilities Suppose The Netherlands Produces Two Types Of Goods Agricultural And Cap 2 (19.83 KiB) Viewed 50 times
Attempts 3. Shifts in production possibilities Suppose the Netherlands produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for barley, an agricultural good, and industrial robots, 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 industrial robots. 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. AL ROBOTS (Thousands) 8 g Keep the Highest/1 200 210 PPF
Homework (Ch 01 and Ch 02) 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 INDUSTRIAL ROBOTS (Thousands) 420 350 200 210 140 70 0 0 40 PPF 120 160 BARLEY (Misions of bushels) 200 240 PPF
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