Answer:
b) 40 fishing lures and 20 duck decoys
c) 20 fishing lures and 24 duck decoys
Question:
Attached is the graph to be used to answer the questions.
Explanation:
b) Any point above the straight line graph PPF is unobtainable, while points below or on the line graph are obtainable.
Finding each of the points on the graph and determine whether it is above, on or below the line graph.
- Only one point is above the graph (40 fishing lures and 20 duck decoys )
Therefore, 40 fishing lures and 20 duck decoys is unobtainable.
c) for an efficient combination the points must be on the line of the graph (PPF).
The only point that falls on the line of the graph is (20 fishing lures and 24 duck decoys)
Therefore, 20 fishing lures and 24 duck decoys is an efficient combination.