User Account

All Pages

Draw a ppc graph

Assignment Help Microeconomics
Reference no: EM13751572

Question 1. Draw a PPC Graph based on the following table.

Production Options

Tractor Output

Tank output

A

15

0

B

12

6

C

9

9

D

6

11.4

E

3

13.5

 

 

15

a. what is the opportunity cost of increasing Tank production from 0 to 9?

b. what is the opportunity cost to increase Tractor production from 3 to 12?

c. draw a production point option Y that show the incomplete use of available resources.

Question 2. Graphically display an Increasing Production Possibilities Curve and identify two reasons that cause the curve to shift?

Reference no: EM13751572

Questions Cloud

Derive an efficient computation method : Discovery-driven cube exploration is a desirable way to mark interesting points among a large number of cells in a data cube. Derive an efficient computation method to identify such points during the data cube computation
Price-earnings approach to valuation : When an investor multiplies future estimated earnings per share by a price/earnings ratio to compute the value of a stock that investor is using the price/earnings approach to valuation.
Why was capitalism a good thing during the enclosement act : Why was capitalism a good thing during the enclosement act?
Demonstrate each step in communication : Compose a message for your audience using the three- step process outlined in of Business Communication Today. Demonstrate each step in your communication.
Draw a ppc graph : Draw a PPC Graph and display an Increasing Production Possibilities Curve and identify two reasons that cause the curve to shift?
Write a paper on period from reagan revolution : Write a three to four page paper on the period from the Reagan Revolution through President Obama.
Describe business risk and risk management : This video introduces the concept of business risk and risk management. It notes that business risks can generally be classified into four categories: property, market, employee, and customer.
Creates a competitive advantage for the company : Imagine that a company has developed an advanced technology that allows it to reduce its data center requirements by an unprecedented amount, and creates a competitive advantage for the company in the data center market
Discuss the importance of work packages : Discuss the importance of work packages to support the creation and use of the WBS. Examine how to establish a cost and schedule performance measurement baseline.

Reviews

Write a Review

Microeconomics Questions & Answers

  Evaluate how the audit process monitors

Evaluate how the audit process monitors the compliance management structure to ensure its purpose is intact - discuss how you would apply it to the Bullock Studios case study.

  What impact will the unanticipated increase in money supply

what impact will an unanticipated increase in the money supply have on the real interest rate real output and

  Explain monopolists output decision-equimarginal principle

Explain the equimarginal principle. Describe and explain a monopolist’s output decision. Explain why a price-fixing cartel is difficult to maintain. Put in plain words the concepts of adverse-selection and moral hazard. Explain the consequences of a ..

  1 a price discriminating monopolist produces two products

1 a price discriminating monopolist produces two products that exhibit the following price elasticities of demand e1 -

  1 a firm in a competitive market invents a new method of

1. a firm in a competitive market invents a new method of production that lowers its marginal costs. what happens to

  Discovered a new method of milk extraction

An agricultural engineer from Nebraska has discovered a new method of milk extraction that causes less swelling to a cow's udders, and therefore each cow has a faster recovery time between milkings.

  Describe how market economy compensates for market surplus

explain how a market economy compensates for a market surplus. what about a market shortage? why is price driven toward

  What impact does the privatization of prisons have

What impact does the privatization of prisons have on providing rehabilitative services that would help prisoners rejoin society productively and curb recidivism? Explain.

  Compute the interest rate for past and next year

Assume that a $100 at February 1, 2014 will worth $110 on January 31, 2015 and was $ 90 on January 31, 2013: Compute the interest rate for past and next year. Are they the same?

  Who is likely to benefit from the quota

People sometimes argue that imports should be limited by government policy. Suppose a government quota on the quantity of imports causes net exports to rise. Using the circular flow diagram as a guide, explain why total expenditures and national o..

  Explain long run equilibrium and inflation rate

Suppose the annual inflation rate is at 2% and 8.5% of the labor force is currently unemployed. If you were on the Fed's Open Market Committee, what action would you prescribe? How would this affect the economy, the inflation rate, and the unemplo..

  What is the firm fixed cost at this level of output

The accompanying graph (top of next page) summarizes the demand and costs for a firm that operates in a perfectly competitive market.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd