economics
With a fixed amount of resources, 20 units of computers or 30 units of food can be produced. Also, the combinations of computer and food can be produced. Combinations are 25 units of food and 4 units of computers, 20 units of food and 7 units of computers, 15 units of food and 10 units of computers, etc. Draw the PPF. If new technology in computer production is invented and adopted, what will happen to the PPF? Find the opportunity cost of first 4 units of computer? If the total resources of the country increase, what will happen to the PPF
asked by
shakil
Respond to this Question
Similar Questions

college algebra
23. In biology, the function defined by g(x)=5x/2+x gives the growth rate of a population for x units of available food. (Source: Smith, J. Maynard, Models in Ecology, Cambridge University Press.) (a) What amount of food (in 
Precalculus
A researcher performs an experiment to test a hypothesis that involves the nutrients niacin and retinol. She feeds one group of laboratory rats a daily diet of precisely 34.53 units of niacin and 25,430 units of retinol. She uses 
Finite Math
A dietitian wishes to plan a meal around three foods. The meal is to include 16,200 units of vitamin A, 4,620 units of vitamin C, and 680 units of calcium. The number of units of the vitamins and calcium in each ounce of the foods 
math
A researcher performs an experiment to test a hypothesis that involves the nutrients niacin and retinol. She feeds one group of laboratory rats a daily diet of precisely 36.12 units of niacin and 30,080 units of retinol. She uses 
PLEEEEEEASE HELP, EMERGENCY!!!!!
Here is a word problem dealing with The Simplex Method: Maximization, Minimization A dietitian is designing a daily diet that is to contain at least 60 units of protein, 40 units of carbs, and 120 units of fat. The diet is to 
Math
A dietitian is designing a daily diet that is to contain at least 60 units of protein, 40 units of carbs, and 120 units of fat. The diet is to consist of two types of foods. One serving of food A contains 30 units of protein, 10 
math
5/12 of my salary was spent on food, then I gave 3/7 of the remainder to my sister and had P856 left. How much did i spent for food? 4 units = ? 1 unit = ? food has 5 units = ? ? 
Math
An aircraft is to carry a load of relief food supplies from a depot which holds 2 kinds of food package. Each carton of food package A weighs 15 kilograms, 40 liters in volume and contains 250 ration units. Each carton of food 
Economics
B. Suppose there are two goods, Cloth and Food, and two factors of production, labour and capital. Suppose that the production function for each good is "homothetic". Put capital K in the vertical axis and labour L in the 
math
when no more than 110 units are produced, the cost of producing x units is given by C(x)=.2x^3  25x^2 + 1531x + 25,000 How many units should be produced in order to have the lowest possible average cost?