Consider a country which produces only milk and eggs. On the following graph, illustrate the following situation:

Improvements in animal nutrition raise the general productivity of cows and chickens in equal proportions.

On the graph, demonstrate either (1) a shift of the entire curve, or (2) a movement of the point along the curve or, (3) a movement of the point inside or outside the curve that is caused by the above situation. If you shift the curve, do not move the point.
Select which item you want to move from the drop down menu at the top of the graph to move that item. Please let me know which one to select and clearly where to move it and why so I can understand. Thanks.

Transcribed Image Text:

A movement of the point A movement of the entire curve A movement of the point 42+ 36-PPC 30- 24- 18- 6+ 8 12 16 20 24 28 32 36 40 44 48 52 Eggs Reset Milk 2. A movement of the point A movement of the entire curve A movement of the point 42+ 36-PPC 30- 24- 18- 6+ 8 12 16 20 24 28 32 36 40 44 48 52 Eggs Reset Milk 2.

Answer rating: 100% (QA)

The option to choose is option 1 shift the entire curve An increase in produc... View the full answer