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The following are points taken off of a PPF for Country X: Point A: 0 Fish and 3000 Bananas Point B: 250 Fish and 2500 Bananas Point C: 500 Fish and 2000 Bananas Point D: 750 Fish and 1500 Bananas As X moves from point A to point B, it forgoes ____ bananas per each fish. 

          The following are points taken off of a PPF for Country X:
Point A: 0 Fish and 3000 Bananas
Point B: 250 Fish and 2500 Bananas
Point C: 500 Fish and 2000 Bananas
Point D: 750 Fish and 1500 Bananas
As X moves from point A to point B, it forgoes ____ bananas per each fish.
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The following are points taken off of a PPF for Country X: Point A: 0 Fish and 3000 Bananas Point B: 250 Fish and 2500 Bananas Point C: 500 Fish and 2000 Bananas Point D: 750 Fish and 1500 Bananas As X moves from point A to point B, it forgoes bananas per each fish.

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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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The following are points taken off of a PPF for Country x : Point A: 0 Fish and 3000 Bananas Point B: 250 Fish and 2500 Bananas Point C: 500 Fish and 2000 Bananas Point D: 750 Fish and 1500 Bananas As x moves from point A to point B, it forgoes bananas per each fish. The following are points taken off of a PPF for Country X: Point A:0 Fish and 3000 Bananas Point B:250 Fish and 2500 Bananas Point C:500 Fish and 2000 Bananas Point D:750 Fish and1500Bananas As X moves from point A to point B,it forgoes bananas per each fish.
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One point on a PPF shows production levels at 50 tons of coffee and 100 tons of bananas. Remaining on the PPF, an increase of banana production to 140 tons shows coffee production at 30 tons. Still remaining on the PPF, we see that coffee production at 10 tons allows banana production at 160 tons. The opportunity cost of a ton of bananas is Answers: A. constant because coffee production de-creased by the same amount each time. B. decreasing, since the increase in banana production is less at each point considered. C. 16 to 1, that is every 1 ton of coffee given up will result in 16 more tons of bananas. D. increasing from 1/2 ton of coffee to 1 ton of coffee per ton of bananas.

Crystal W.
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In the table below are listed a series of points that define an economys production possibility frontier for goods Y and X. Y 1000 900 800 700 600 500 400 300 200 100 0 X 0 400 1600 3600 6400 10000 14400 19600 25600 32400 40000 Plot these pairs of points to scale, on graph paper. (b) Given the shape of this PPF is the economy made up of individuals who are similar or different in their production capabilities? (c) What is the opportunity cost of producing 100 more Y at the combination (X = 3600, Y = 700). (d) Suppose next there is technological change so that at every output level of good Y the economy can produce 10 percent more X. Enter a new row in the table containing the new values, and plot the new PPF.

Aarya B.
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Transcript

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00:01 In this question, we need to find the opportunity cost of a ton of bananas.
00:07 So the opportunity cost is how much coffee must be given up to produce one unit of banana.
00:45 So we have 50 tons of coffee and 100 tons of banana on our production possibilities frontier.
01:05 So our production possibilities frontier gives us the combination of goods that we can produce with the available resources.
01:17 So this is the maximum number of coffee and bananas we can produce at this point.
01:25 We're going to increase production of bananas to 140 tons.
01:29 So we need to find the difference between these two points.
01:44 So we see the difference would be 40 tons of bananas.
01:53 So how much coffee did we give up to produce this many bananas? so we have initially 50 tons of coffee at the first point.
02:10 And then at the second point, we have 30 tons of coffee.
02:19 So therefore, the difference is 20 tons of coffee.
02:31 So between these two points, we can determine how many bananas, or we can determine the opportunity cost of one ton of bananas.
02:47 So we're going to take the difference between the tons of coffee produced between the two points and the difference between the ton of bananas produced at these two points.
03:08 And we're going to get one -half tons of coffee per one banana.
03:17 So, or one ton of banana...
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