-Suppose the production possibilities for two countries,producing either food or clothing,are shown in the above figure.They can each produce any linear combination as well.Measuring food on the horizontal axis,the joint production possibility frontier

Question

Quizplus · Accepted Answer

The joint production possibility frontier will kink away from the origin at the point where one country becomes more efficient at producing food than the other, indicating a shift in comparative advantage. This kink represents the most efficient allocation of resources between the two countries for producing food and clothing.

-Suppose the Production Possibilities for Two Countries,producing Either Food or Clothing,are