Draw a production possibilities frontier (PPF)for Good A and Good B.Suppose that these goods are subject to increasing relative costs in production,and be sure that your graph reflects this fact.
Now suppose that a new and innovative technology enhances the production of Good A but not Good B.Illustrate how this new innovation changes the PPF.

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The Answer of Draw a production possibilities frontier (PPF)for Good A and Good B.Suppose that these goods are subject to increasing relative costs in production,and be sure that your graph reflects this fact.
Now suppose that a new and innovative technology enhances the production of Good A but not Good B.Illustrate how this new innovation changes the PPF.

Draw a Production Possibilities Frontier (PPF)for Good a and Good