February $21,2023$

First study the news article linked below.

Asuburb in Arizona lost its source of water. Residents warn. We're only the beginning

$100$

Q

Q

$80$

The PPF

O Question $2$

Question $3$

$3.$ How does the drought influence the PPF described in #$2?$

A drought

A$.$ rotates the PPF inward, and the x$-$axis intercept decreases

B$.$ creates a movement along the PPF

Question $4$

Agricultural production $($units$)$

C$.$ shets the PPF inward, and the y$-$axis intercept and x$-$axis intercept decrease

D$.$ rotates the PPF inward, and the y$-$axis intercept decreases

Question $5$

$2040$

$60$

Household production $($units$)$

$100$

$4.$ Why would the PPF described in #$2$ be bowed outward?

The PPF would be bowed outward if

A$.$ less and less agricultural production must be given up for each given increase in household

Question $5$

production

B$.$ more and more agricultural production must be given up for each given increase in household production

Question $7$

C$.$ the opportunity cost of household production is constant

Question B

D$.$ the demand for water is constant

$5.$ Graphing Question

Draw a PPF for an area with agricultural production and household production that shows