View the step-by-step solution to:


a)  Draw a typical production possibilities curve that represents Sulawesi's production of rice and corn.

Label the curve as A.

b) What are the assumptions used in deriving the production possibilities curve?

      c) Describe two characteristics of the curve and explain the reasons for each characteristic.

      d) What does the points inside the curve indicate?

      e) Draw a new curve B that illustrates the results of the recent earthquake on the production of rice and corn. Explain your graph.

      f) What would you expect the changes to the production possibilities curve be after international aid and assistance are given to Sulawesi by 2020? Draw a new graph indicating the changes from your new curve B (refer to question part e).

Top Answer

Hey there, The attempt... View the full answer

Document 89_2.jpg

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question