In production possibility frontier analysis, which mixes of goods are considered efficent by an economy? a. Only those mixes falling on the PPF curve b. Those mixes on, or to the left of the PPF c. Those mixes on, or to the right of the PPF curve only those mixes falling to the left of the PPF curve.

Fill in the Blanks cupcakes A В muffins Type your answers in all of the blanks and submit Consider this unusual PPF. The opportunity cost of making cupcakes is lowest at point A (A, B, or C). The opportunity cost of making cupcakes is highest at point C (A, B, or C).

Graphically show William's production possibilities frontier. Debate should be on the vertical axis.     Label four points on the graph: (A) a point inside the PPF; (B) a point on the PPF where debate is more valued than studying; (C) a point on the PPF where studying is more valued than debate; (D) a point outside the PPF.     Explain the effects of an economy at point A   Explain the effects of an economy at point B   Explain the effects of an economy at point C   Explain the effects of an economy at point at point D (assume that nothing in our economy changes)   Does our PPF experience the law of increasing opportunity cost? How do we know? Under what conditions can we have a linear PPF rather than a "bowed-out" PPF? Sketch a PPF that experiences increasing opportunity cost and a PPF that experiences constant opportunity cost.

At one point along a PPF, 10 burgers and 7 sandwiches can be produced. At another point along the same PPF, 9 burgers and 10 sandwiches can be produced. The opportunity cost of a burger between these points is per burger. Select one: a. 7/10 of a sandwich b. 10/7 of a sandwich C. 3 sandwiches d. 1/3 of a sandwich

microeconomics help.

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

Consider the following figure: A B PPF₂ PPF₁ D C E X Which of the following is an efficient production plan? O Country 1 producing at C and country 2 producing at B. O Country 1 producing at B and country 2 producing at D. Country 1 producing at A and country 2 producing at D. O Country 1 producing at D and country 2 producing at B.

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based on the image and the PPF is point b efficient? why?

Use the PPF to answer the following questions:   (a) At point F, how many sweaters are being produced? How many hard drives? (b) Label points A-H as either efficient, inefficient, or unattainable. (c) Can we determine if point F is productively efficient? If so, is it productively efficient? (d) Can we determine if point F is allocatively efficient? If so, is it allocatively efficient?