d. e. نبع f. If society is currently producing alternative B, then the opportunity cost of moving to alternative A (and getting 10 more pizzas) is books. Is the opportunity cost of producing pizzas higher or lower moving from alternative F to E than moving from alternative B to A? Why is this likely to be so? Suppose that the technologies used in producing both pizzas and books improve. Draw one possible new production-possibilities frontier in the graph above that represents the results of this change. Indicate the direction of the change that occurs with an arrow.
d. e. نبع f. If society is currently producing alternative B, then the opportunity cost of moving to alternative A (and getting 10 more pizzas) is books. Is the opportunity cost of producing pizzas higher or lower moving from alternative F to E than moving from alternative B to A? Why is this likely to be so? Suppose that the technologies used in producing both pizzas and books improve. Draw one possible new production-possibilities frontier in the graph above that represents the results of this change. Indicate the direction of the change that occurs with an arrow.
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter2: Thinking Like An Economist
Section: Chapter Questions
Problem 4CQQ
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Part D e f
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