Exhibit 2-4: Firm X's Points of Production on Its PPF Points A C D Capital Goods (K) 50.00 45.00 35.00 20.00 0.00 Consumption Goods ( 0.00 20.00 40.00 60.00 80.00 C) Refer to Exhibit 2-4. In moving production allocations from points C to E on the Production Possibilities Frontier or Curve (PPF or PPC), the opportunity cost of production at Point E is unit(s) of goods, respectively. 40.00; consumption goods O 35.00; capital goods

Suppose the fictional country of Everglades produces only two goods: sorghum and telephoto lenses. The following graph plots Everglades's current production possibilities frontier, and includes six different output combinations given by black points (plus symbols) labeled A to F. 80 PPF 60 K E + 40 20 A B C D 100 TELEPHOTO LENSES (Millions) Point Inefficient E F 0 0 ++ Complete the following table by indicating whether each point represents output combinations that are inefficient, efficient, or unattainable. Check all that apply. 0 C r 20 0 60 SORGHUM (Millions of bushels) Efficient 00 0 40 0 X8 C D Unattainable 0 0 00 80 100

12

Two neighboring island nations, Seychelles and Mauritius, produce iPad's, coffee, or a combination of both. Suppose that they each have 4 million labor hours available per week for production. The following table gives the amount of each product that can be produced using one hour of labor: Country Mauritius Seychelles Mauritius' opportunity cost of produing 1 iPad is iPads (per hour of labor) 12 of coffee. Therefore, 8 Initially, suppose Mauritius uses 1 million hours per week to produce iPads and 3 million hours per week to produce coffee, while Seycheles uses 3 million hours of labor per week to produce iPads and 1 million hours per week to produce coffee. Consequently, Mauritius produces 12 million iPads and 72 million pounds of coffee, and Seychelles produces 24 million iPads and 32 million pounds of coffee. Assume there are no other countries willing to trade with them. So, if Mauritius and Seychelles don't trade with each other, they can only consume what they can produce using…

Question 14 The illustrates the various combinations of output that a society can produce if all of its resources are being used efficiently. O production possibilities frontier (PPF) O law of positive statements O principle of comparative advantage concept of absolute advantage O law of demand

Please help me explain how the economic concept of scarcity links production possibilities curves and comparative advantage. Explain how scarcity is the common foundation for PPCs and comparative adv

05. What is the per-unit opportunity cost of product Y as production moves from point D to point B?     a) 6/7     b) -6/7     c) 7/6     d) -7/6

My dear hero expert bro and pro Hand written solution is not allowed.

An economy will be operating on a point inside of its production possibilities frontier if there is inefficiency in resource allocations.what is meant by inefficiency ?you may find it helpful to use an example in your answer.

From the previous analysis, you can determine that as Musashi increases his production of tea towels, his opportunity cost of producing one more tea towel decreases  increases  remains constant