SOLUTION: I have to do a production possibilities table for consumer goods (automobiles) and capital goods (forlifts):
Production Alternatives
Type of Production A B C D E
Autom
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Production Alternatives
Type of Production A B C D E
Autom
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Question 67120This question is from textbook Economics
: I have to do a production possibilities table for consumer goods (automobiles) and capital goods (forlifts):
Production Alternatives
Type of Production A B C D E
Automobiles 0 2 4 6 8
Forklifts 30 27 21 12 0
Show these data graphically. Upon what specific assumptions is the production possibilites curve based?
Please help me do the graph. Thanks
You can put this solution on YOUR website! make a graoh with an x and y axis. label yhe y axis with your letters a-e then on the x axis label it with numbers staring at 0 going up by 2's to 30 then to graph it start with the automobiles and graph it at it's piont and at every point label it A and do the same for Forkliftds and label each point F