Now imagine you invent a fish net that enhances your ability to catch fish. With the fish net you can increase your total amount of fish to 200 per week if you spend all your time catching fish. Your invention has no effect on your ability to collect mangos. Sketch your new production possibility frontier.
Draw the graphs, 3 different graphs, one per question. take a picture and upload here Drawing Graph Question 1. Suppose you are stranded on an island by yourself and must therefore produce all the goods you consume. You consume fish and mangoes exclusively. If you devote all your available time to catching fish, you can […]