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Assessmen > ECOM4000 x Z Launch Me X Search Res Comp. Ch elearning.kbs.edu.au/mod/quiz/attempt.php?attempt=166639&cmid-345072&page=5 Consider the following production possibilities frontier (PPF) for iPhones and iPads. iPhones
Assessmen > ECOM4000 x Z Launch Me X Search Res Comp. Ch elearning.kbs.edu.au/mod/quiz/attempt.php?attempt=166639&cmid-345072&page=5 Consider the following production possibilities frontier (PPF) for iPhones and iPads. iPhones 150- a b 140 130- 120- 110- 20 0 60 80 100 iPads (a) State the production levels of iPhones and iPads if this economy produces at Point c on its PPF. (2 marks) (b) What is the opportunity cost per iPad if the economy moves production from Point c to Point d? (3 marks) (c) Without doing any calculations, would the opportunity cost in moving from Point d to Point e be higher or lower than the opportunity cost you calculated in Part (b)? Explain your answer. (3 marks) Approximate numbers read off the chart are ok.) A B MacBook Air 80 F2 a F3 FA F5 DII F7 F8 @ # 2 % 3 & 4 O > 5 CO 9 W E R T Y
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