Use the PPF to answer the following questions: Hard drives 525 450 400 350 300 250...

 

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Use the PPF to answer the following questions: Hard drives 525 450 400 350 300 250 200 150 100 50 A B 0 E F E 5 10 15 20 25 30 35 40 45 50 Sweaters (thousands) (a) At point F, how many sweaters are being produced? How many hard drives? (b) Label points A-H as either efficient, inefficient, or unattainable. (c) Can we determine if point F is productively efficient? If so, is it productively efficient? (d) Can we determine if point F is allocatively efficient? If so, is it allocatively efficient? Use the PPF to answer the following questions: Hard drives 525 450 400 350 300 250 200 150 100 50 A B 0 E F E 5 10 15 20 25 30 35 40 45 50 Sweaters (thousands) (a) At point F, how many sweaters are being produced? How many hard drives? (b) Label points A-H as either efficient, inefficient, or unattainable. (c) Can we determine if point F is productively efficient? If so, is it productively efficient? (d) Can we determine if point F is allocatively efficient? If so, is it allocatively efficient?

Answer rating: 100% (QA)

ANSWER a At point F 100 sweaters and 200 hard drives are being produced b Points AH are efficient ex... View the full answer