A country has the following production possibility table:

a. Draw the country€™s production possibility curve.

b. What€™s happening to the trade-off between food and clothing?

c. Say the country gets better at the production of food. What will happen to the production possibility curve?

d. Say the country gets equally better at producing both food and clothing. What will happen to the production possibility curve?

Transcribed Image Text:

Resources Resources Devoted to Output of Devoted to Output of Clothing Clothing Food Food 100% 20 0% 80 16 20 5 60 12 40 40 60 12 20 4 80 14 100 15