Question

Production possibilities

Below table shows the production possibilities for the country of emilon

Rice  0 , 30,54, 72, 84

Beef 20, 18, 14, 8, 0


Complete the following(approximate) possibilities for emilon

a) Emilon cam produce 78 rice and --- beef

b) Emilon can produce --- rice and 16 beef


Which of the following product combination is emilon capable of producing

C) can emilon produce 60 rice and 16 beef?

D) can emilon produce 42 rice and 14 beef?

e)the total cost of producing 54 rice is --- units of beef

F) the total cost of going from possibility c to possibility D is --- Units of beef

G) the approximate power unit cost of going from possibility C to possibility D is ----united of beef

H) the total cost of giving from possibility D to possibility C is --- units of rice


0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
Production possibilities
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • Beef 4 capital goods and 2l Complete the following (approximate) possibilities for Emilon: a) 130 rice...

    Beef 4 capital goods and 2l Complete the following (approximate) possibilities for Emilon: a) 130 rice and to PP2? b) rice and 40 beef Which of the following pssibilities is Emilon capable of producing? c) 100 rice and 40 beef d) 70 rice and 35 beef 3. (LO 7) Table 1.14 shows the production possibilities for the country of Emilon. TABLE 1.14 30 Rice 0 50 90 120 140 Beef 50 4535 20 THE ECONOMIC PROBLEM CHAPTER 1 a What...

  • Below table shows the production possibilities for the country of Emilon: Rice Beef Complete the following...

    Below table shows the production possibilities for the country of Emilon: Rice Beef Complete the following (approximate) possibilities for Emilon. a. Emilon can produce 52 rice and 2 beef. b. Emilon can produce 10 rice and 8 beef. Which of the following product combinations is Emilon capable of producing? c. Can Emilon produce 40 rice and 8 beef? No, it cannot be produced. d. Can Emilon produce 28 rice and 7 beef? Yes, it can be produced.

  • Lo 7) Tabe 13 8honic TABLE 1.13 Rice 0 50 90 120 140 Beef 50 45...

    Lo 7) Tabe 13 8honic TABLE 1.13 Rice 0 50 90 120 140 Beef 50 45 35 20 Complete the following (approximate) possibilities for Emilon: a) 130 rice and b) beef rice and 40 beef Which of the following possibilities is Emilon capable of producing? c) 100 rice and 40 beef d) 70 rice and 35 beef

  • able Production Possibilities Schedule I) Use Table: Production Possibilities Schedule I. The opportunity cost of producing...

    able Production Possibilities Schedule I) Use Table: Production Possibilities Schedule I. The opportunity cost of producing the third unit of consumer goods is units of capital goods. Table: Production Possibilities Schedule I Alternatives Consumer goods per period 0 Capital goods per period 30 28 24 1810 8 2 (Figure: Comparative Advantage) Use Figure: Comparative Advantage. Westland has a comparative advantage in producing: Figure: Comparative Advantage Eastland and Westland produce only two goods, boxes of peaches and boxes of oranges, and...

  • 3. Opportunity cost and production possibilities Becky is a skilled toy maker who is able to...

    3. Opportunity cost and production possibilities Becky is a skilled toy maker who is able to produce both cars and balls. She has 8 hours a day to produce toys. The following table shows the output resulting from various possible combinations of her time Hours ProducingProduced Choice (Cars) (Balls) (Cars) (Balls) 2 10 16 18 19 On the following graph, use the blue points (circle symbol) to plot Becky's initial production possibilities frontier (PPF). 30 T 25 Initial PPF 20...

  • . Opportunity cost and production possibilities Ana is a skilled toy maker who is able to...

    . Opportunity cost and production possibilities Ana is a skilled toy maker who is able to produce both boats and drums. She has 8 hours a day to produce toys. The following table shows the daily output resulting from various possible combinations of her time. urs Pr oducin Produced 6 4 4 6 8 10 16 19 20 0 0 On the following graph, use the blue points (circle symbol) to plot Ana's initial production possibilities frontier (PPF) Inital PP...

  • . Opportunity cost and production possibilities Ana is a skilled toy maker who is able to...

    . Opportunity cost and production possibilities Ana is a skilled toy maker who is able to produce both boats and drums. She has 8 hours a day to produce toys. The following table shows the daily output resulting from various possible combinations of her time. urs Pr oducin Produced 6 4 4 6 8 10 16 19 20 0 0 On the following graph, use the blue points (circle symbol) to plot Ana's initial production possibilities frontier (PPF) Inital PP...

  • 5. Opportunity cost and production possibilities Shen is a skilled toy maker who is able to...

    5. Opportunity cost and production possibilities Shen is a skilled toy maker who is able to produce both boats and puzzles. He has 8 hours a day to produce toys. The following table shows the daily output resulting from various possible combinations of his time. Choice Hours Producing (Boats) (Puzzles) Produced (Boats) (Puzzles) On the following graph, use the blue points (circle symbol) to plot Shen's initial production possibilities frontier (PPF). Suppose Shen is currently using combination D, producing one...

  • 5. Opportunity cost and production possibilities Sean is a skilled toy maker who is able to...

    5. Opportunity cost and production possibilities Sean is a skilled toy maker who is able to produce both trans and puzzles. He has S hours a day to produce tays. The fallowing table shows the daily output resulting from variaus poss ble combinations of his time Hours Producing Choice (Trains) (Puzzles) (Tains) (Puzzies) 16 On the towowing graph, use the biue points(circle symbol) to plot Sean's initia production possibilties frontier (PPF) Suppose Sean is currently using combination D, producing one...

  • urgent please Production Possibilities Analysis The table below is a set of hypothetical production possibilities for...

    urgent please Production Possibilities Analysis The table below is a set of hypothetical production possibilities for a nation. . Automobiles Beef Combination (thousands) (thousands of tons) 10 4 0 9-4 10 a. Plot these production possibilities data. What is. the opportunity cost of the first 2,000 automobiles produced? Between which points is the oppor- tunity cost per thousand automobiles highest? Between which points is the opportunity cost per thousand tons of beef highest? b. Label a point P inside the...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT