Homeless Shelter Hospitals - Describes the production

Question # 00620822 Posted By: dr.tony Updated on: 11/23/2017 04:34 AM Due on: 11/23/2017
Subject Economics Topic General Economics Tutorials:
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The following question. no idea how to graph in Excel, or word.


Point Homeless ShelterHospitals

A 10 0

B 9 1

C 7 2

D 4 3

E 0 4


Assume this table describes the production possibilities confronting an economy.


a. Graph the PPC

b. Calculate the opportunity costs of producing a second hospital?

c. Why can't more of both outputs be produced?

d. Which point on the curve is most advantageous? Why?


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  1. Tutorial # 00619507 Posted By: dr.tony Posted on: 11/23/2017 04:35 AM
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