AACSB: Reflective Thinking Blooms: Understand Learning Objective: 02-01 Construct a production possibilities graph and describe what causes shifts in production possibilities curves. Topic: PPF 89. Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPods or 10 tablets each year. Country B has 200 workers. A bundle of goods that Country B could not make would be: AACSB: Reflective Thinking Blooms: Understand Learning Objective: 02-01 Construct a production possibilities graph and describe what causes shifts in production possibilities curves. Topic: PPF 90. Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPods or 10 tablets each year. Country B has 200 workers. Country B would be working efficiently if they were producing: AACSB: Reflective Thinking Blooms: Understand Learning Objective: 02-01 Construct a production possibilities graph and describe what causes shifts in production possibilities curves. Topic: Efficiency 91. Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPods or 10 tablets each year. Country B has 200 workers. Country B has the comparative advantage in the production of:
AACSB: Reflective Thinking Blooms: Understand Learning Objective: 02-01 Construct a production possibilities graph and describe what causes shifts in production possibilities curves. Topic: PPF 89. Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPods or 10 tablets each year. Country B has 200 workers. A bundle of goods that Country B could not make would be: AACSB: Reflective Thinking Blooms: Understand Learning Objective: 02-01 Construct a production possibilities graph and describe what causes shifts in production possibilities curves. Topic: PPF 90. Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPods or 10 tablets each year. Country B has 200 workers. Country B would be working efficiently if they were producing: AACSB: Reflective Thinking Blooms: Understand Learning Objective: 02-01 Construct a production possibilities graph and describe what causes shifts in production possibilities curves. Topic: Efficiency 91. Suppose that a worker in Country A can make either 10 iPods or 5 tablets each year. Country A has 100 workers. Suppose a worker in Country B can make either 2 iPods or 10 tablets each year. Country B has 200 workers. Country B has the comparative advantage in the production of:
Test-Bank-for-Economics-1st-Edition-by-Karlan.docx