Question 1) I have attached a picture file, question1.PNG, so you can see the graph.
Consider the production possibilities frontier (PPF) ) that shows the trade-off between the production of cotton and the production of soybeans depicted in the figure to the right.Use the three-point curved line drawing tool to show the effect that improved fertilizers would have on the initial production possibilities frontier by drawing a new production possibilities frontier. Properly label this curve. .Carefully follow the instructions above, and only draw the required objects. Production possibilities frontier is a curve showing the maximum attainable combinations of two products that may be produced with available resources and current technology.
I need the coordinates for PPF2. The coordinates should look like this (3.56, 1.87) just for example. That’s not the answer but that is how it should look because that’s the form they want the answer in. Type the new coordinates of the point. (Type an integer, fraction, or decimal for each coordinate. Round to three decimal places as needed.)
Question 2) I have attached a picture file, question2.PNG so you can see the graph.
[Related to Solved Problem #1]
You have exams in economics and chemistry coming up and 5 hours available for studying. The following table shows thetrade-offs you face in allocating the time you will spend in studying each subject.
|Hours Spent Studying||Midterm Score|
Use the multipoint curve drawing tool to plot a production possibilities frontier
showing the trade-off between your economics grade and chemistry grade. Plot all choices A through F. Properly label this curve.
Carefully follow the instructions above, and only draw the required objects.
For this question I need the graph plotted for me, thanks in advance. I have attached question2.PNG file so you can see the graph.
Thank you very much for your help.