Final answer:
The production possibilities frontier (PPF) shows the maximum amount that a country can produce given its limited resources and level of technology. For Country Alpha, with a maximum of 200 jet planes, the PPF will demonstrate the trade-off between autos and jet planes. Country Beta, with a maximum of 250,000 autos, will have a similar PPF illustrating the trade-off between autos and jet planes.
Step-by-step explanation:
The production possibilities frontier (PPF) shows the maximum amount that a country can produce given its limited resources and level of technology. To illustrate this, let's assume Country Alpha can produce autos with a constant opportunity cost of 1,000 autos per jet plane, and Country Beta can produce autos with a constant opportunity cost of 2,000 autos per jet plane.
A. For Country Alpha, the maximum number of jet planes it can produce is 200. So, the PPF for Country Alpha will show the trade-off between autos and jet planes. It will have 200 jet planes on the x-axis and the number of autos on the y-axis. The PPF will slope downward, showing that as more jet planes are produced, the production of autos must decrease. The transformation schedule will show the specific combinations of jet planes and autos that can be produced.
B. Similarly, for Country Beta, the maximum number of autos it can produce is 250,000. So, the PPF for Country Beta will have 250,000 autos on the x-axis and the number of jet planes on the y-axis. The PPF will also slope downward, indicating the trade-off between autos and jet planes. The transformation schedule will show the different combinations of autos and jet planes that can be produced.