Figure 2-3
-Refer to Figure 2-3.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 2-3 represent his production possibilities frontier?

Question

Figure 2-3 
-Refer to Figure 2-3.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 2-3 represent his production possibilities frontier?

Quizplus · Accepted Answer

The production possibilities frontier (PPF) is typically bowed outwards when resources are not perfectly adaptable to the production of both goods, as is the case here with land more suitable for one crop over the other. This reflects increasing opportunity costs, which is represented by Graph C.

Figure 2-3 -Refer to Figure 2-3.Carlos Vanya Grows Tomatoes and Strawberries on and Strawberries