“Create a production possibility curve for Riverside Garden with up to 24 vegetable beds or 18 herb beds, showing an efficient current plan of 16 vegetable beds and 9 herb beds and an inefficient plan of 10 vegetable beds and 5 herb beds.”
図の背後にある意思決定を読み解く。
Use the available land and volunteer time.
Balance vegetables against herbs.
Compare an interior point with the frontier.
Use this curve when two outputs compete for the same fixed resources.
よくある質問
What does a point on the curve mean?
It represents an efficient combination of the two outputs with the available resources.
Why is an interior point inefficient?
It means the same resources could produce more of at least one output.
What shifts the curve outward?
More land, labour, equipment or better growing methods can expand capacity.