Cont'd Chapter 2. Production Possibilities Frontier (PPF) Framework: Pre-Class & In-Class Activities Packet Name/I.D. Number: Section: Date: Part 4. Economic Equations and Graphs - PPF3 E A B - PPF2 Guns - PPF1 0 X 0 X 0 X 0 X C G H (1) (2) (3) (4) Butter 7. In the preceding figure, which graph depicts a technological breakthrough 11. If PPF , in the above graph is the relevant production possibilities frontier, in the production of good X only? then which points are unattainable? Explain your answer. 8. In the preceding figure, which graph depicts a change in the PPF that is a likely consequence of war? 9. In the preceding figure, which graph depicts expansion of resources that can be used in both "X" and "Y" quantitatively and qualitatively? 12. If PPF , in the above figure is the relevant production possibilities frontier, then which point(s) represent productive efficiency? Explain your answer. 10. In the preceding figure, which graph depicts an improvement in the availability of skilled manpower and technology in the production of "Y"