Combination apples( thousands /kg) grapes(thousand/kg) A 180 0 B 150 10 C 120 20 D 60...

Combination	apples( thousands /kg)	grapes(thousand/kg)
A	180	0
B	150	10
C	120	20
D	60	30
E	30	40
F	0	50

a. Based on table above, Plot the Production Possibilities Curve (PPC)
(2Marks)
b.What the opportunity cost of producing 20 thousand KG of Grapes
(Show your working) (2Marks)
c.What the opportunity cost of producing 150 thousand KG of Apples.
(Show your working)
d.If this country wants to produces 30 thousand kg of apples and 20 thousand kg
of grapes, is the combination achievable? (show this combination in your curve). If YES,
give a reason.
e.If this country wants to produces 120 thousand kg of apples and 40 thousand kg
of grapes, is the combination achievable? (Show this combination in your curve).
If NO, give a reason. ( 2 Marks

Solutions

Expert Solution

Rahul Sunny answered 1 month ago

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