The productive capability of an economy is such that to produce 5 units of military good it takes 2 workers to be employed while 1

The productive capability of an economy is such that to produce 5 units of military good it takes 2 workers to be employed while 10 units of consumer goods require 3 workers. Resources are limited in such a way that only 75 units of military good can be produced when all resources are employed.
Construct the production possibility schedule and curve for the economy

About the author
Gabriella

2 thoughts on “The productive capability of an economy is such that to produce 5 units of military good it takes 2 workers to be employed while 1”

Leave a Comment