Find the opportunity cost

Assignment Help Macroeconomics

Reference no: EM13197512

With a fixed amount of resources, 20 units of computers or 30 units of food can be produced. Also, the combinations of computer and food can be produced. Combinations are 25 units of food and 4 units of computers, 20 units of food and 7 units of computers, 15 units of food and 10 units of computers, etc. Draw the PPF. If new technology in computer production is invented and adopted, what will happen to the PPF? Find the opportunity cost of first 4 units of computer? If the total resources of the country increase, what will happen to the PPF

Why does PPF become a straight line?

When it becomes a curve?

When the PPF shifts parallelly?

When it shifts clockwise or anti-clockwise?

Reference no: EM13197512

Questions Cloud

Why ser vivo for lively when it is a temporary condition : Why ser vivo for lively when it is a temporary condition? No one can be lively all the time, except young toddlers. Estar vivo for alive. Life is temporary. I answered based on liveliness

Discounted cash flow analysis : whom he met at business school, is pleased with his passion for this possible new venture, but concerned that it might turn into a financial disaster.

What is the bearing of the plane : A plane is heading due south with an airspeed of 211 mph. A wind from a direction of 53 degrees is blowing at 17 mph. What is the bearing of the plane?

What was the percent of change in the number of students : in 2002 shool had 236 students in 2001 thay had 214. to the nearest tenth what was the percent of change in the number of students.

Find the opportunity cost : Draw the PPF. If new technology in computer production is invented and adopted, what will happen to the PPF. Find the opportunity cost of first 4 units of computer.

When will he hit the water : Suppose a diver leaps from the edge of an 80foot cliff. His initial upwards velocity is 8 feet per second. When will he hit the water?

How much was invested at each rate : a banker invested a portion of $10,000 at 5% interest per year and the remainder at 4% interest per year. if the baker received $470 in interest after 1 year, how much was invested at each rate?

Which state requires greater duties of the tenant : Write a minimum of two (2) pages comparing and contrasting the tenant rights and duties of two states; one state should be your home state and the other is a state of your choosing. Identify which state is your home state and answer the followign q..

What was the total number of points he earned : matt had a mean of 82 on his five assignment. what was the total number of points he earned?

User Account

All Pages