Production possibility frontier, Microeconomics

Halala is a small country that uses most of Its resources to produce fruits and vegetables. If the country produces only fruits it is able to produce 8000kg of fruit per year. If it produces only vegetables, it can produce approximately 12000kg of vegetables per year.

Describe the ppf and use the information given to draw the ppf for this economy.

Related Discussions:- Production possibility frontier

Periodic table blocks, I have to do a project on the blocks in periodic tab...

I have to do a project on the blocks in periodic tables. How specifically should I describe them? Should I describe each block''s characteristics, and if so, which ones? P.S. This

Net exaim help, net preparation ranjna baghel

net preparation ranjna baghel

Macroeconomics, Consider the following: The city council has just approved ...

Consider the following: The city council has just approved the construction of a water park in your town. You are responsible for studying the impact of the new water park on the l

Cardinal utility, what is cardinal utility. Please give an example

what is cardinal utility. Please give an example

Composition of trade, Composition of Trade: It is indicative of the st...

Composition of Trade: It is indicative of the structure and level of development of an economy. For instance, most of the UDCs depend for their export earnings on a few primar

Intermediate economics, what are the variables to be included in the social...

what are the variables to be included in the social welfare of a country?

Direction of trade, Direction of Trade: It is indicative of the struct...

Direction of Trade: It is indicative of the structure and level of economic development. As a country develops and its trade gets diversified, it has to seek new outlets for i

Banking infrastructure, Banking Infrastructure: An efficient financial...

Banking Infrastructure: An efficient financial system can influence the long-term growth through three important channels, namely: 1) increase in the proportion of saving tran

Insurance market and calculate risk premium, There are two individuals in t...

There are two individuals in town, one is high risk and the other is low risk.1 The probabilities of having an accident for the low risk individual and high risk individual are p

Imposition of behavior assumptions in analytical framework, Illustrate abou...

Illustrate about the imposition of behavior assumptions in analytical frameworks of modern economics? Imposition of Behavior Assumptions: The second one step for studying

Write Your Message!

Name

Email id

Message

Verfication Code

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

User Account

All Pages