These PPF's could be for a business in our area.The business is illustrated with PPC2.Output of Trucks (per day)CEDBPPCPPC12PPC3PPC4Output of Tanks (per day)a. Which points are considered inefficientfor PPC2?b. Which points represent the efficientchoices for PPC2?OB and C and D and Ec. Which are not currently possible forPPC2?OFANone of these answersOE and FOA and BNone of these answersBOC and D and E and FNone of these answersOC and DAFOC and D and E and FE and Fd. Which PPFs represent an increase in available technology or resources?OPPCAPPC1O None of these answersO PPC 3 or PPC4e. Now indicate the curve(s) that would represent what would happen if a large hurricane destroyed much of the company's ability toproduce.○ PPC₁○ PPC3None of these answersO PPC 3 or PPC4

Explanation:Part 1: Inefficient points for PPC2 are A and B because they are inside the PPF,…

Answered: These PPF's could be for a business in…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Envelopes (per hour) 200 160 Deb's PPF 120 Pete's PPF 80 40 40 80 120 160 200 Packets (per hour) Deb and Pete have volunteered to help their favorite charity mail out fundraiser information. The figure above shows their production possibilities frontiers for assembling packets and stuffing envelopes. Which of the following statements is correct? Deb has an absolute advantage in both assembling packets and stuffing A) envelopes. B) Deb has a comparative advantage in stuffing envelopes. Deb has a comparative advantage in both assembling packets and stuffing C) envelopes. Pete has an absolute advantage in both assembling packets and stuffing D) envelopes.
250 A 225 200 175 150 125 100 75 E 50 25 20 40 60 80 100 Oil Drills On the PPF shown in the figure above, which points represent inefficient production points? Select one: a. points C and E b. points D and A c. points B and D d. points A and E Solar Panels
PPF 60 40 5, 10 20 D 20 60 80 100 CORN (Millions of bushels) Complete the following table by indicating whether each point represents output combinations that are inefficient, efficient, or unattainable. Check all that apply. Point Inefficient Efficient Unattainable A B C ロ|ロ|0|0|0|0 口|口|□|0|□ 口|ロ|□|0|□|□ CARS (Millions)
Wine Figure 2-1 .... Bread D Refer to Figure 2-1: Along the Possibilites Production Frontier, The most efficient point of Production depicted is Point B Point C Point D B, C, D are equally efficient
Please give detailed instructions on how to graph electronically using MS ppt, excel, google slides, google sheets. You may choose one from the softwares. There are six (6) graphs that you will teach me how to graph electronically 1. How to plot Production Possibilities Curve with feasible set in MICROSOFT Powerpoint ot Excel? Alternative Food Clothing (x) (y) A 0 15 B 1 14 C 2 12 D 3 9 E 4 5 F 5 0 Instructions for tutor: please share a google sheets or slides link here so i can view the graph; don't just share picture in jpg format because I dont need it. We have a reference book and I can see the jpg picture of the graph there. i know how to plot manually using graphing paper, i want to learn how to plot electronically. Please see attached photo for the feasible set. Please include it in the graph. Search on Google on how to do feasible set electronically
1. Given the following table, plot MB and MC. At what unit of activity is considered the efficient level? Unit of Activity MB MC 1 100 10 2 80 20 3 60 30 4 40 40 20 50
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A production possibilities table for DVDS and computers is shown below. Production Alternatives Type of Production A B D E Computers 20 40 60 80 DVDS 80 70 55 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 G 20 20 40 60 80 100 Computers Point (Click to select) ]is an example of an inefficient point, while point (Click to select) |is an example of an unattainable point. b. Does the economy above demonstrate the law of increasing opportunity cost? (Click to select) DVDS
A production possibilities table for DVDS and computers is shown below. Production Alternatives Type of Production A B D E Computers 20 40 60 80 DVDS 80 70 55 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 20 40 60 80 100 Computers Point (Click to select) ♥ is an example of an inefficient point, while point (Click to select) ▼ is an example of an unattainable point. b. Does the economy above demonstrate the law of increasing opportunity cost? |(Click to select) ♥ DVDS
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A B C D E F Production Options Output of Output of Trucks per Day Tanks per Day 0 2.0 5 4 3 2 1 0 3.0 3.8 4.5 5.0 Output of Trucks (per day) 5 A A 0 0 1 B What is the opportunity cost of the first truck produced? Instructions: Enter your response rounded to one decimal place. tank(s). 2 3 4 E Output of Tanks (per day) F 5 6

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