The following graph shows the production possibilities curve for the economy with only two members, Silvia and Art. Silvia can produce either 50 pounds of beef or 2 computers per week, and Art can produce 100 pounds of beef or 1 computer per week. Both of them work 40 weeks per year. With the opportunity to trade Silvia and Art can ________ the maximum consumption of computers by ________ units.

Question

The following graph shows the production possibilities curve for the economy with only two members, Silvia and Art. Silvia can produce either 50 pounds of beef or 2 computers per week, and Art can produce 100 pounds of beef or 1 computer per week. Both of them work 40 weeks per year.  With the opportunity to trade Silvia and Art can ________ the maximum consumption of computers by ________ units.

Quizplus · Accepted Answer

The Answer of The following graph shows the production possibilities curve for the economy with only two members, Silvia and Art. Silvia can produce either 50 pounds of beef or 2 computers per week, and Art can produce 100 pounds of beef or 1 computer per week. Both of them work 40 weeks per year.  With the opportunity to trade Silvia and Art can ________ the maximum consumption of computers by ________ units.

The Following Graph Shows the Production Possibilities Curve for the Economy