A nation with fixed quantities of resources is able to produce any of the following combinations of carpet and carpet looms:
Yards of carpet
(Millions)
Carpet looms
(Thousands)
100100
00
8080
1515
6060
2727
4040
3636
2020
4242
00
4545
These figures assume that a certain number of previously produced looms are available in the current period for producing carpet.
1.) Using the multipoint curve drawing tool, plot the six points that make up the PPF given in the table above (with carpet on the vertical axis). Properly label your curve.
Carefully follow the instructions above and only draw the required object.
1
Expert's answer
2018-02-28T07:41:07-0500
It's impossible to construct a diagram, because the table with quantities provided is shown incorrectly (one number in each line instead of two numbers).
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