Figure 2.10 Figure 2.10 shows various points on three different production possibilities frontiers for a nation.
Alt text for Figure 2.10: In figure 2.10, a graph comparing 3 different production possibilities frontiers for a nation.
Long description for Figure 2.10: The x-axis is labelled, plastic products, and the y-axis is labelled, food products.3 convex curves are shown, with points V, W, X, Y, and Z plotted.The first curve begins just past the half-way point on the y-axis, and ends just past the half-way point on the x-axis.Points W and X are plotted along the curve, with point W approximately 1 third of the way from the start of the curve, and point X more than 2 thirds of the way along the curve.The second curve begins almost 3 quarters of the way up the y-axis and ends just past the termination of the first curve on the x-axis.Point Y is plotted on the second curve, approximately 2 thirds of the way along the curve.The third curve begins at the same point as the second curve, and ends approximately 3 quarters of the way along the x-axis.Point Z is plotted on the third curve, a little less than half-way along the curve.Point V is plotted between the first curve and the origin.
-Refer to Figure 2.10.A movement from ________ could occur because of an influx of immigrant labour.
A)X to W
B)X to Y
C)W to V
D)W to X

Question

Figure 2.10  Figure 2.10 shows various points on three different production possibilities frontiers for a nation.
Alt text for Figure 2.10: In figure 2.10, a graph comparing 3 different production possibilities frontiers for a nation.
Long description for Figure 2.10: The x-axis is labelled, plastic products, and the y-axis is labelled, food products.3 convex curves are shown, with points V, W, X, Y, and Z plotted.The first curve begins just past the half-way point on the y-axis, and ends just past the half-way point on the x-axis.Points W and X are plotted along the curve, with point W approximately 1 third of the way from the start of the curve, and point X more than 2 thirds of the way along the curve.The second curve begins almost 3 quarters of the way up the y-axis and ends just past the termination of the first curve on the x-axis.Point Y is plotted on the second curve, approximately 2 thirds of the way along the curve.The third curve begins at the same point as the second curve, and ends approximately 3 quarters of the way along the x-axis.Point Z is plotted on the third curve, a little less than half-way along the curve.Point V is plotted between the first curve and the origin.
-Refer to Figure 2.10.A movement from ________ could occur because of an influx of immigrant labour.
A)X to W 
B)X to Y 
C)W to V 
D)W to X

Quizplus · Accepted Answer

A movement from X to Y could occur because an influx of immigrant labor would increase the overall productivity of the economy, allowing the nation to produce more of both plastic and food products. This would shift the production possibilities frontier outward, allowing for more efficient production and a higher level of output. Moving from X to W or W to X would represent a decrease in the production of one good in favor of the other, which is not a result of an influx of immigrant labor. Moving from W to V would represent a decrease in the production of both goods, while moving from X to Y would represent an increase in the production of both goods.

Figure 210 Figure 2