Question
1. The production Possibilities for the country of Emilon are recorded as follows Possibility Rice beef ABCDE 0 50 50 45 90 35 120
1. The production Possibilities for the country of Emilon are recorded as follows Possibility Rice beef ABCDE 0 50 50 45 90 35 120 20 140 0 (a) Construct production possibilities Graph [4] (b) How would you estimate the production possibility for beef assuming the rice production is 130 [2] (c) How would you estimate the production possibility for rice assuming the beef production is 40 [2] (d) Suppose an opportunity arose to produce beef faster, plot pp2 to show the increase in beef by 30% [4]
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