(Solved): 3. shifts in production possibilities 3. Shifts in production possibilities Suppose the fictional ...

3. Shifts in production possibilities Suppose the fictional country of Everglades produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for rye, an agricultural good, and etectric generators, a capital good. Drag the production possibdicies frontier (PPF) on the oraph to show the effects of a long drought that reduces the amount of water available for farmers to use for irmgation. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Peints will snap into position, so if you try to move a point and it snaps back to its original position, fust drag it a little farther.