Figure 2.9 Alt text for Figure 2.9: In figure 2.9, 3 graphs, A, B, and C depict production possibilities frontier for Carlos Vanya.
Long description for Figure 2.9: Graph A: The x-axis is labelled, strawberries, and the y-axis is labelled, tomatoes.A line slopes from the top left corner of the quadrant, near the end of the y-axis, down to the bottom right corner, near the end of the x-axis.Graph B: The x-axis is labelled, strawberries, and the y-axis is labelled, tomatoes.A concave curve begins in the top left corner of the quadrant, near the top of the y-axis, and ends near the end of the y-axis.Graph C: The x-axis is labelled, strawberries, and the y-axis is labelled, tomatoes.A convex curve begins in the top left corner, near the top of the y-axis, and ends in the bottom right corner, near the end of the y-axis.
-Refer to Figure 2.9.Carlos Vanya grows tomatoes and strawberries on his land.A portion of his land is more suitable for growing tomatoes and the other portion is better suited for strawberry cultivation.Which of the graphs in Figure 2.9 represent his production possibilities frontier?
A)Graph A
B)Graph B
C)Graph C
D)either Graph A or Graph B
E)either Graph B or Graph C

Question

Figure 2.9  Alt text for Figure 2.9: In figure 2.9, 3 graphs, A, B, and C depict production possibilities frontier for Carlos Vanya.
Long description for Figure 2.9: Graph A: The x-axis is labelled, strawberries, and the y-axis is labelled, tomatoes.A line slopes from the top left corner of the quadrant, near the end of the y-axis, down to the bottom right corner, near the end of the x-axis.Graph B: The x-axis is labelled, strawberries, and the y-axis is labelled, tomatoes.A concave curve begins in the top left corner of the quadrant, near the top of the y-axis, and ends near the end of the y-axis.Graph C: The x-axis is labelled, strawberries, and the y-axis is labelled, tomatoes.A convex curve begins in the top left corner, near the top of the y-axis, and ends in the bottom right corner, near the end of the y-axis.
-Refer to Figure 2.9.Carlos Vanya grows tomatoes and strawberries on his land.A portion of his land is more suitable for growing tomatoes and the other portion is better suited for strawberry cultivation.Which of the graphs in Figure 2.9 represent his production possibilities frontier?
A)Graph A 
B)Graph B 
C)Graph C 
D)either Graph A or Graph B 
E)either Graph B or Graph C

Quizplus · Accepted Answer

Graph C represents Carlos Vanya's production possibilities frontier because it shows a convex curve, which indicates increasing opportunity cost as he produces more of one good and less of the other. This reflects the idea that a portion of his land is better suited for growing strawberries and the other for growing tomatoes, and as he focuses more on one crop, he has to give up more and more of the other crop. Graphs A and B do not accurately represent this tradeoff, as they either show a linear relationship between the two crops (Graph A) or a concave curve that suggests decreasing opportunity cost (Graph B).

Figure 29 Alt Text for Figure 2