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Macro Choice: markets (HW #2) The table to the right describes two production possibilities frontiers. Each PPF looks kinky, so that it is bunch of

Macro Choice: markets (HW #2)

The table to the right describes two production possibilities frontiers. Each PPF looks "kinky", so that it is bunch of straight lines that connect the dots given in the table. This means that it has a constant slope between two points, and changes slope at each point. It Use the information there to answer the following questions.

PPF: technology 1

PPF: technology 2

image text in transcribed
PPF: technology 16 PPF: technology 2

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