I dont need graphs drawn just answers to questions at bottom. 3. The data contai
ID: 1243325 • Letter: I
Question
I dont need graphs drawn just answers to questions at bottom. 3. The data contained in the following table shows the tradeoffs that occur in an economy that produces only two types of products: agricultural and manufactured goods. Use the data given in the table to graph the production possibilities frontier for this hypothetical economy. Place manufactured goods along the y-axis and agricultural goods along the x-axis. Tradeoffs That Occur Between Manufactured and Agricultural Goods Manufactured Goods 0 25 50 75 100 Agricultural Goods 100 75 50 25 0 4. The data contained in the following table shows the tradeoffs that occur in an economy that produces only two types of products: pharmaceutical and computer-related technological products. Use the data given in the table to graph the production possibilities frontier for this hypothetical economy. Place technological goods along the y-axis and pharmaceutical goods along the x-axis. Tradeoffs That Occur Between Pharmaceutical and Technological Products Pharmaceutical 50 45 35 20 0 Technological 0 2 4 6 8 Compare the graphs youExplanation / Answer
Agricultural Goods 100 75 50 25 0
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