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.What is the opportunity cost of one kilogram of grain?

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.What is the opportunity cost of one kilogram of grain?

Quizplus · Accepted Answer

The Answer of 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.What is the opportunity cost of one kilogram of grain?

Figure 22 Figure 2