ppc , Microeconomics

Assignment Help:
two countries workland and playland have similar population and identical production possibilities curves but diffrefences . the procuction possibilities combination are as follows
point capital good consumption goods
A 0 29
B 1 19
C 2 17
D 3 14
E 4 10
F 5 5
playland is located at point B on the ppc ,and workland is located at point E. Assume that this situation continues into the future and that all other things remain the same .
a. What is workland''s oportunity cost of capital goods in terms of consumption goods?
b. what is playland oppurtunity cost of capital goods in terms of consumtion goods?
c.how would PPCsof workland and playland be expected to compare to each other 50 years and in future

Related Discussions:- ppc

Physical chemistry, Calculate the enthalpy change for stepE. that is for th...

Calculate the enthalpy change for stepE. that is for the reaction: Na(s)+ water (arrow) Na(ion)+ OH(ion)+ Hydrogen (g)

Random sampling, Random sampling is a technique for sampling which we can s...

Random sampling is a technique for sampling which we can select a group of subjects or a sample for study from a larger group or a population. Each entity individually is chosen en

Natural factors and availability of credit, Natural Factors: Seasonal va...

Natural Factors: Seasonal variations may affect the demand for a commodity at certain times of the year. For example, during the raining season, demand for commodities such as j

Evironmental issues and elasticity, looking for information to complete ess...

looking for information to complete essay, info looking for What is elasticity and its calculations for the price of a lap top, that increases by 20% and there is a 40% drop in qua

Exchange, China had to convert its yuan into dollars. Does that cause the ...

China had to convert its yuan into dollars. Does that cause the dollar to appreciate or depreciate?

International trade, discuss the methods used by the malaysian government t...

discuss the methods used by the malaysian government to slow down import growth.

Demand for the big mac on the rise, Illustrate and explain the changing dem...

Illustrate and explain the changing demand for big mac using the indifference curve and budget line.

Help, A monopolist faces the inverse demand for its output: p = 30 – Q The ...

A monopolist faces the inverse demand for its output: p = 30 – Q The monopolist also has a constant marginal and average cost of $4/unit. The government is seeking ways to collect

Write Your Message!

Captcha
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!

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