If the production possibilities frontier curve is linear and downward-sloping instead of bowed out, that indicates

Ron can either workout or make sushi rolls. It takes him 40 minutes to finish 1 workout and 20 minutes to make 1 sushi roll. If he has 120 minutes to do these two activities, what is the equation of the production possibility frontier (PPF) that describes the tradeoff between these two activities? (Assume workouts are on the x axis and sushi rolls are on the y axis) A y=6-2x B y=3-0.5x C y=3-2x D y=6-0.5x

An outward shift of a nation's production possibilities frontier can occur due to

microeconomics help.

Let Utopia be a very small country that produces Cheese and Bread only. Its production possibilities frontier is provided in the table above.   Suppose that Utopia is currently producing at point  B. What is the opportunity cost of 2 additional kg of cheese at point B ? At point C? What do these results show?

What would a straight-line production possibilities frontier between grape juice and apple juice on Fruity Goodness Orchards say about opportunity costs?

Explain the usefulness of a Production Possibilities Frontier and how it could be applied to an example to support an economic argument

The bowed out shape of the production possibilities frontier (PPF) illustrates the concept of Select all that apply: increasing marginal opportunity cost diminishing marginal opportunity costs increasing marginal returns diminishing marginal returns

Suppose the United States produces only two goods: alfalfa and computers. The following graph shows the United States’s current production possibilities frontier, along with six output combinations represented by black points (plus symbols) labeled A to F.   Complete the following table by indicating whether each point represents output combinations that are inefficient, efficient, attainable, or unattainable. Check all that apply. (refer to screenshot for table and graph)

With an example, use a production possibility frontier as a straight line, assume that the country has two factors of production, L and K. The payments to the factors are: w = wages (labor) r = rent (capital)  Calculate: i) The total cost of production ii) The value of the slope