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Figure 11 - Production Possibilities and Opportunity Costs: Linear Model Versus

Question 25

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Figure 1.1 - Production Possibilities and Opportunity Costs: Linear Model versus Non-Linear Model Figure 1.1 - Production Possibilities and Opportunity Costs: Linear Model versus Non-Linear Model   In the linear production possibilities model,we assume each of five equally-sized parcels of land contributes the same to the production of food and timber: 6 units of timber or 3 units of food. By contrast,in the non-linear model,we will assume that there are five different types of land in equal-sized plots and that each plot may contribute as follows to the production of   -Assuming all land is equally productive in either use,how much output of each type will be produced with 2/5 of the land in timber production and 3/5 of the land in food production? A)  12 units of timber and 9 units of food B)  9 units of timber and 12 units of food C)  18 units of timber and 9 units of food D)  9 units of timber and 18 units of food In the linear production possibilities model,we assume each of five equally-sized parcels of land contributes the same to the production of food and timber: 6 units of timber or 3 units of food.
By contrast,in the non-linear model,we will assume that there are five different types of land in equal-sized plots and that each plot may contribute as follows to the production of Figure 1.1 - Production Possibilities and Opportunity Costs: Linear Model versus Non-Linear Model   In the linear production possibilities model,we assume each of five equally-sized parcels of land contributes the same to the production of food and timber: 6 units of timber or 3 units of food. By contrast,in the non-linear model,we will assume that there are five different types of land in equal-sized plots and that each plot may contribute as follows to the production of   -Assuming all land is equally productive in either use,how much output of each type will be produced with 2/5 of the land in timber production and 3/5 of the land in food production? A)  12 units of timber and 9 units of food B)  9 units of timber and 12 units of food C)  18 units of timber and 9 units of food D)  9 units of timber and 18 units of food
-Assuming all land is equally productive in either use,how much output of each type will be produced with 2/5 of the land in timber production and 3/5 of the land in food production?


A) 12 units of timber and 9 units of food
B) 9 units of timber and 12 units of food
C) 18 units of timber and 9 units of food
D) 9 units of timber and 18 units of food

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