User Account

All Pages

Maximum possible output combinations

Assignment Help Business Economics
Reference no: EM133078950

The Fruit Farm produces only apples and pears. The table above shows the maximum possible output combinations of the two fruits using all resources and currently available technology.  

Q1. Graph The Fruit Farm's production possibilities frontier. Put apples on the horizontal axis and pears on the vertical axis. Be sure to identify the output combination points on your diagram. 

Possible Output Combinations

Apples (thousands of pounds)

Pears (thousands of pounds) 

A 

70  

  0

B 

60

20

C

50 

36 

D 

40

48

E 

30 

56 

F 

20 

60 

G 

10

63

H

  0

65

 

Reference no: EM133078950

Questions Cloud

Implement and new administration system : Create a change management plan to implement the new administration system and implement and new administration system into the company
Determine the numerical value of the market demand : Consider the market for a good that has 5 buyers. Each buyer has the same income $I. Let q denote the amount of the good and m the money left after buying the g
Greater success in building relationships : What question might he ask the other first-grade teacher to learn how to achieved her greater success in building relationships?
Skills are important in building working relationships : Is conflict resolution the most important skill that leaders need? Why or why not? What other skills are important in building working relationships?
Maximum possible output combinations : The table above shows the maximum possible output combinations of the two fruits using all resources and currently available technology.
What is the project mirr : Project L requires an initial outlay at t = 0 of $40,000, its expected cash inflows are $9,000 per year for 9 years, What is the project MIRR
Prepare a statement of cash flows for the fiscal year : The condensed income statement for 2021 is as follows: Sales $990,000. Prepare a statement of cash flows for the fiscal year
Find the economic service life of this new machine : A company considers buying a new electric forklift truck that would cost $18,000, have operating cost of $1,000 in the first year, and have a salvage value of $
Discuss management strategy : Discuss a management strategy used to retain or increase cash. Share an example of a time when you've used a similar strategy in your personal finances.

Reviews

Write a Review

Business Economics Questions & Answers

  What is the price of leisure

Explain what would happen to the amount of leisure that we would enjoy if the wage rate went up. Why is the ultimate net effect not determinable by appealing to

  The monthly price of internet access service decreases

In a local? market, the monthly price of Internet access service decreases from ?$20 to ?$10?, and the total quantity of monthly accounts across all Internet access providers increases from 90,000 to 190,000. What is the value price elasticity of? de..

  Estimate the level of significance

Using the F table, estimate the level of significance for each. Indicate whether its likelihood of occurring is greater than or less than a p level shown on the

  Actual differences in labor productivity

Absolute advantage is determined by (a) actual differences in labor productivity between countries (b) relative differences in labor productivity between countries (c) Both A and B. (d) Neither A or B

  Calculate Economic profit and Accounting profit

Calculate the average fixed cost, average variable cost, average total cost and total cost at the current output level and Calculate Economic profit

  In an oligopoly game-incentive to cheat is reduced

In an oligopoly game, the incentive to cheat is reduced when:

  What is the probability that one purchase

What is the probability that one purchase results in a selection of a cracker with an even number or a number less than 5?

  Annual operating and maintenance expenses

The annual operating and maintenance expenses are estimated to be $1,000. If Convington's MARR is 15%, how many years will it take before this machine becomes profitable.

  Example of probabilities that are mutually exclusive

In simple terms,What does it mean for two probabilities to be mutually exclusive? Provide an example of probabilities that are mutually exclusive

  Calculate economic profit

The crops you grow from those seeds will sell for $250. You could also rent the land to another farmer. The rent you could earn is $300.

  What is the new level of equilibruim savings

Assume an economy with no government or foreign trade and the following equations: What is equilibruim output?What are the equilibrium savings (savings at equilibrium output)? Now assume the country decides it needs to save more. So assume individual..

  What is their purchasing power parity adjusted income

An individual makes $71842 per year. If they move to a city where prices are on average 24 percent lower, and they continue to make the same salary, then what is their purchasing power parity adjusted income?

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