The Following Questions Refer to the graph below.
-If Alpha produces 100 million loaves of bread,with trade (and consumption possibilities curve A₁B) it can consume how many gallons of milk?

Question

The Following Questions Refer to the graph below. -If Alpha produces 100 million loaves of bread,with trade (and consumption possibilities curve A₁B)it can consume how many gallons of milk?

Quizplus · Accepted Answer

Point C (300 gallons of milk, 100 million loaves of bread) is the highest point on the production possibilities frontier (PPF). Any point beyond that is not attainable given the current resources and technology. Therefore, consuming 300 gallons of milk is the best choice for Alpha if it produces 100 million loaves of bread.

The Following Questions Refer to the Graph Below