Figure 2.2 Figure 2.2 above shows the production possibilities frontier for Atikamekw Cree (ca.1600)with a historical tradition of fishing and farming.Assume they produce two goods: fish and grains.
Alt text for Figure 2.2: In figure 2.2, a graph compares production of grains and fish.
Long description for Figure 2.2: The x-axis is labelled, grains in kilograms, and the y-axis is labelled, fish in kilograms.The x-axis is marked from 0 to 180, in increments of 20.The y-axis is marked from 0 to 140, in increments of 20.A line slopes down from the point 0, 120 to the point 160, 0.
-Refer to Figure 2.2.Suppose Atikamekw Cree are currently producing 60 kilograms of grain per period.How much fish is it also producing, assuming that resources are fully utilized?

Question

Figure 2.2  Figure 2.2 above shows the production possibilities frontier for Atikamekw Cree (ca.1600)with a historical tradition of fishing and farming.Assume they produce two goods: fish and grains.
Alt text for Figure 2.2: In figure 2.2, a graph compares production of grains and fish.
Long description for Figure 2.2: The x-axis is labelled, grains in kilograms, and the y-axis is labelled, fish in kilograms.The x-axis is marked from 0 to 180, in increments of 20.The y-axis is marked from 0 to 140, in increments of 20.A line slopes down from the point 0, 120 to the point 160, 0.
-Refer to Figure 2.2.Suppose Atikamekw Cree are currently producing 60 kilograms of grain per period.How much fish is it also producing, assuming that resources are fully utilized?

Quizplus · Accepted Answer

To find the amount of fish Atikamekw Cree is producing when it's producing 60 kilograms of grain, we need to draw a vertical line from the point (60,0) until it intersects with the PPF. From the intersection point, we can draw a horizontal line to the y-axis to find the amount of fish produced. This point falls between 70 and 80 on the y-axis, so the closest option is B) 75 kilograms of fish.

Figure 22 Figure 2