Mario's is a pizza and pasta producer that experiences increasing opportunity cost. (a) Draw a production possibilities frontier
for the firm. Label it PPF. (b) Draw a point that is attainable. Label it Attainable.(c) Draw a point that is not attainable. Label it Unattainable.
1 answer:
Answer:
(in the graph)
Explanation:
The PPF will show how Mario can only do as much of pizza and pasta and there is a certain point at which producing additional units of pasta or pizza comes at the cost of resinging a unit of the other good.
The points over the line and below the lien are attainable.
While those above the frontier are unattainable for Mario's current factor disposition.
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