Problem 1 (20 points)

Jackie land is known for the production of Cupcakes and Robots. The following is a PPT for Jackie land:

A

B

C

D

E

F

G

H

I

J

Cupcakes

0

2

6

10

14

18

22

26

28

30

Robots

30

28

26

22

18

14

10

6

2

0

a) Draw and label (each axis and each point). Put cupcakes on the Y

b) Indicate on the graph with Point K where inefficient is.

c) Indicate on graph with Point L where unattainable is

What points A - J indicate?

The production possibility curve has been drawn under where cupcakes are on the Y and robots on the X.It is a kind of curve that shows different output points where technology and resources has been used efficiently and effectively.

The K inefficient point and the L unattainable point both have been shown on the table. The K inefficient point is the production point of both Robots and Cupcakes where technology and resources available cannot be used efficiently. The L unattainable point also shows that both Robots and Cupcakes have not utilized the proper resources and technology. The point K on the graph has been shown inside and point L outside the production possibility curve.

30

25

L

20

15

K

10

5

A

0

5

10

15

20

25

30

Now draw a second Production Possibilities Graph with two frontiers.

a. Draw arrows to show growth

b. List reasons for growth: Problem 1 (20 points)

Jackie land is known for the production of Cupcakes and Robots. The following is a PPT for Jackie land:

A

B

C

D

E

F

G

H

I

J

Cupcakes

0

2

6

10

14

18

22

26

28

30

Robots

30

28

26

22

18

14

10

6

2

0

a) Draw and label (each axis and each point). Put cupcakes on the Y

b) Indicate on the graph with Point K where inefficient is.

c) Indicate on graph with Point L where unattainable is

What points A - J indicate?

Now draw a second Production Possibilities Graph with two frontiers.

a. Draw arrows to show growth

b. List reasons for growth:

a. Draw arrows to show growth

b. List reasons for growth: