Home /
Expert Answers /
Economics /
suppose-the-fictional-country-of-yellowstone-produces-two-types-of-goods-agricultural-and-capi-pa664
(Solved):
Suppose the fictional country of Yellowstone produces two types of goods: agricultural and capi ...
Suppose the fictional country of Yellowstone produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for millet, an agricultural good, and electric scooters, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of an immigration law that results in fewer workers entering the country. 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. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther.