Untitled r 20 xy 4 university x the classex Q Microecon c

Untitled r 20, xy 4, university x the classex . Q Microecon × \'. com/ibiscms/mod/lbis/wiew.php?id 4621270 EW Vanguard Tote.... Decon book G principles and found.. Jump to... 1/30/2018 11:59 PM 0/0 Assig Print Caord Periodic Tabie Availabl Due Dat Points P Grade C Descript Policies: Question 10 of 1 ea Sapling Learning has two types of products: food and non-food, with each worker producing 5 products The dlass per class period. Please make sure to scroll down to answer all 7 questions are 50 workers in the class. in one 2. How many non-food products could be produced per 1. How many food products could be class period\'if everyone worked for a food company? period i everyone worked for a non-food company? You can You can up on a You can you get There is 250 250 3. Move the PPF ine to indicale the Production Possibilses Fronier for the class economy with 50 workers 4. Every worker must eat 3 food products to be able to work next class (they produce 0 products otherwise) How many food products are needed for all 50 workers to eat? eTextbe 250 Help W 150 Web He 75 5. Move point A to the point on the PPF where every worker has enough to eat and al other production is non-food products. 6. Move point B to the point on the PPF where 100 food prodhucts are produced and 150 non- Technica about us |careers anvacy policy terms of use costacts help MacBook Air

Solution

Since there are 50 workers and each has the same productivity of 5 products, a total of 250 food products or a total of 250 non-food products can be produced. Answer of box 1 is 250 and to that of box 2 is 250.

PPF line is shown correctly with vertical and horizontal intercept being 250 for each products. Each worker needs 3 food products so total food products required are 3*50 = 150 food products. This is the answer to box 4. Point A is correct because 150 units are food products and so the rest are non-food which is 100 units. Point B is also correctly placed in the diagram.

If B is continued to be the production point, only 100 food products are produced. This is sufficient for 33 workers and so they will be producing 33*5 = 165 units of both products in total. So 165 is the answer to box 7.