Homework (Ch 02) Suppose South Africa produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier fo alfalfa, an agricultural good, and industrial robots, a capital good. A 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 to the desired position. Points wil 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. 300 PPF 250 200 150 AL ROBOTS (Thousands)

Homework (Ch 02) Suppose South Africa produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier fo alfalfa, an agricultural good, and industrial robots, a capital good. A 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 to the desired position. Points wil 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. 300 PPF 250 200 150 AL ROBOTS (Thousands)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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