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Combination A B C D E F G Aircraft carriers 6 5 4 3 2 1 0 Health clinics 0 2000 3500 4500 5300 5800
Combination | A | B | C | D | E | F | G |
Aircraft carriers | 6 | 5 | 4 | 3 | 2 | 1 | 0 |
Health clinics | 0 | 2000 | 3500 | 4500 | 5300 | 5800 | 6000 |
The figure above illustrates the production possibilities frontier for a country. This nation produces two main goods,aircraft carriersandhealth clinics. Use the table to answer the questions below. Assume thataircraft carriers are on the x-axis andhealth clinicsare on the y-axis.
- According to the table above, if the economy produces two aircraft carriers, how many health clinics can it produce?
- What can you say about a combination of 4 aircraft carriers and 4500 health clinics? 3 What is the opportunity cost of producing the first 2,000 health clinics? (1
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