Question

SEU Micro Spring 2019 60811 Quiz: ASSESS Chapter 2 Quiz This Question: 1 pt 9 of 19 Cups (per hour) Draw the fim's PPF by connecting the points. Label it. Along this PPF, the quantities of A. all goods other than plates and cups remain constant O B. all goods other than plates and cups are decreasing ° C. all goods other than plates and cups are increasing O D. plates and cups are either increasing or decreasing, so there is no scarcity Plates (per hour) Delete Clear Click the graph, choose a tool in the

Answer 1

All goods other than plates and cups remain constant.

In the PPF, we are concerned only about cups and plates. We talk about how their production changes with respect to each other. All other items are assumed to be constant.

For plotting the graph, we need to identify the three points.

A is on the Y Axis (cups Axis) Mark A at point (4,0).

B is inside the graph region. It will on the point where 2 on X axis (plates) and 3 on Y axis intersect.

C is on X axis. It is 4 units along the Plates axis.