4. Shifts in production possibilities
Suppose France produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for wheat, an agricultural good, and industrial robots, a capital good.
Drag the production possibilities frontier (PPF) on the graph to show the effects of a breakout of avian flu that sickens millions of workers.
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.
Breakout of avian flu will largely impact agriculture sector and workers and hence productivity shall decrease . Sijce flue also affects the workers working in capital intensive industries the productivity shall decrease simultaneously
Hence the PPF curve noves towards left.
4. Shifts in productionpossibilitiesSuppose France produces two types of goods: agricultural andcapital. The...
Suppose France produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier tor alfalfa, an agricultural good, and airplanes, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a breakout of avian flu that sickens millions of workers. 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...
Suppose France produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier tor alfalfa, an agricultural good, and airplanes, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a breakout of avian flu that sickens millions of workers. 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...
Suppose Japan produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for barley, an agricultural good, and locomotives, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a breakout of avian flu that sickens millions of workers. 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...
Draw the PPF reflecting flu breakout 3. Shifts In production possibilities South Africa produces two types of goods: agricuitural and capital. The following diagram shows its current production possibilities frontier tor bartey, an agricultural good, and industrial robots, a capital good Drag the production possibilities frontier (PPF) on the graph to show the effects of a breakout of avian flu that sickens milions of workers. Note: Select elther end of the curve on the graph to make the endpoints appear....
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 corn, an agricultural good, and industrial robots, a capital good Drag the production possibilities frontier (PPF) on the graph to show the effects of an agricultural innovation that increases the crop yield of each acre of land Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one...
4. Shifts in production possibilities Suppose Ireland produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for wheat, an agricultural good, and airplanes, a capital good. 4. Shifts in production possibilities Suppose Ireland produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for wheat, an agricultural good, and airplanes, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the...
4. Shifts in production possibilities Suppose Bulgaria produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for wheat, an agricultural good, and airplanes, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of an improvement in soil quality because of new fertilization techniques. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to...
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 wheat, 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...
3. Shifts In production possibllities Suppose South Africa produces two types for barley, an agricuitural good, and Industrial robots, a capital good. of goods: agricultural and capital. The following diagram shows its current production possibilities frontier the production possiblities frontier (PPF) on the graph to show the effects of a breakout of avian filu that sickens millions of workers Note: Select eith er end of the curve on the graph to make the endpoints appear. Then drag one or both...
4. Shifts in production possibilities Suppose South Africa produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for barley, an agricultural good, and airplanes, 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 airplanes. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the...