encs101 homework help

4. Shifts in production possibilities Suppose the Netherlands produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for alfalfa, an agricultural good, and construction vehicles, a capital good. Drag the production possibilities frontier (FFF) on the graph to show the effects of a time-saving innovation in the manufacturing of construction vehicles. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. 420 350 280 CONSTRUCTION VEHICLES (Thousands) 210 140 70 PPF 40 80 120 160 200 240 ALFALFA (Millions of bushels)