inhabitants grow potatoes and catch fresh fish. The accompanying
table shows the maximum annual output combinations
of potatoes and fish that can be produced. Obviously, given
their limited resources and available technology, as they use
more of their resources for potato production, there are fewer
resources available for catching fish.
Maximum annual Quantity of potatoes Quantity of fish
output options (pounds) (pounds)
A 1,000 0
B 800 300
C 600 500
D 400 600
E 200 650
F 0 675
Draw a production possibility frontier with potatoes on
the horizontal axis and fish on the vertical axis illustrating
these options, showing points A-F.
I don't understand the process.
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