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Suppose that the nation of Copperton produces cinnamon and nutmeg. Below are the possible combinations of cinnamon and nutmeg that Copperton can produce. .
Suppose that the nation of Copperton produces cinnamon and nutmeg. Below are the possible combinations of cinnamon and nutmeg that Copperton can produce. . Use the data below to follow steps a-d. Once you have created your curve, upload a picture. . Make sure all elements are labeled (x axis, y axis, points). a. Using one of the graphing tools described in the directions, plot the Production Possibilities Curve for Copperton. b. Find the combination of cinnamon and nutmeg of 6,000 tons of cinnamon and 3,000 tons of nutmeg. Label this point F. What term best describes this point? c. Find the combination of cinnamon and nutmeg of 6,000 tons of cinnamon and 14,000 tons of nutmeg. Label this point G. What term best describes this point? d. Draw a new curve, on the same graph, reflecting what the PPC might look like if new production technology is invented to speed up production in both industries. Combination Cinnamon metric tons (X axis) Nutmeg metric tons Y axis) A 7,000 0 B 6,000 7,000 C 4,500 11,000 D 2,500 14,000 E 10 16,000
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