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A production possibilities table for DVDs and computers is shown below Production Alternatives Type of Production A Computers DVDs 0 20 40 60 80 80 70 35 a. Show these data graphically, and then identify a point that indicates an inefficient use of resources and a point that indicates an unattainable combination of goods Instructions: Use the tool provided PPC to draw a PPC curve (plot 5 points total) 100 Tools 80 PPC 60 40 20 1n0

A production possibilities table for DVDs and computers is shown below 

Production Alternatives Type of Production A Computers DVDs 0 20 40 60 80 80 70 35 

a. Show these data graphically, and then identify a point that indicates an inefficient use of resources and a point that indicates an unattainable combination of goods Instructions: Use the tool provided 'PPC to draw a PPC curve (plot 5 points total) 

b. Does the economy above demonstrate the law of increasing opportunity cost?

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a. Production Possibilities Curve (PPC) is the locus of the various combinations of two goods that can be produced using the fixed amount of resources. The following is the PPC for the given data: 100 80 0.80) A(20,70) 60 (40,55) 40 ·G (60,35) 20 E (80,0) 20 40 60 80100 ComputersHere, point G and F were already given to us The point which lies inside the PPC is the inefficient point, and the point which lies outside the PPC is the unat . tainable point Therefore, point G is the inefficient point, while point F is the unattainable point. b.The PPC is concave from the origin and downward sloping. Therefore, it exhibits increasing opportunity cost Therefore, yes, it exhibits increasing opportunity cost.

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