Figure 18.2

-Refer to Figure 18.2. In autarky, the maximum amount of fishing poles that Macadamia can produce is

Question

Figure 18.2
 
-Refer to Figure 18.2. In autarky, the maximum amount of fishing poles that Macadamia can produce is

Quizplus · Accepted Answer

In autarky, Macadamia can produce either 120 units of fishing poles or 70 units of pineapples. The production possibilities frontier (PPF) is the curve connecting the maximum quantity of these two goods that can be produced with the given resources. The point where the PPF intersects the x-axis gives the maximum amount of fishing poles that can be produced in autarky, which is 120.

Figure 18.2 -Refer to Figure 18.2. in Autarky, the Maximum Amount of the Maximum