2) 15pts
a. Draw the Production Possibilities Frontier (Curve) for the economy of the
fiction...
![subject](/tpl/images/cats/ekonomika.png)
2) 15pts
a. Draw the Production Possibilities Frontier (Curve) for the economy of the
fictional country of Murica that makes only tanks and/or hot dogs (max 20
million tanks and 200 million hot dogs) with tanks on the X axis. Label your graph
and show where production is efficient, impossible to sustain, and inefficient.
(10pts)
b. On the same PPF graph, show what would happen if Murica peacefully took over
Canuckia who has additional land, labor and capital. (5pts)
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Answers: 3
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