Question

1. if you choose to produce 5 tons of corn, you can produce _ tons of wheat. 12. what is the opportunity cost of moving from point d to point c? __ tons of __ 13. what is the opportunity cost of moving from point b to point e? __ tons of __ 14. what is the opportunity cost of moving from point c to point a? __ tons of ____ 15. what would cause the production possibilities curve above to shift to the right?

Explanation:

Step1: Match corn to wheat (Q11)

Locate 5 tons corn in the table, find corresponding wheat value.
From the table, 5 tons of corn (point C) pairs with 8 tons of wheat.

Step2: Calculate D to C opportunity cost (Q12)

Find change in corn and wheat.
Corn change: $5 - 3 = 2$ tons (gain), Wheat change: $8 - 10 = -2$ tons (loss). Opportunity cost is 2 tons of wheat.

Step3: Calculate B to E opportunity cost (Q13)

Find change in corn and wheat.
Corn change: $0 - 7 = -7$ tons (loss), Wheat change: $12 - 4 = 8$ tons (gain). Opportunity cost is 7 tons of corn.

Step4: Calculate C to A opportunity cost (Q14)

Find change in corn and wheat.
Corn change: $8 - 5 = 3$ tons (gain), Wheat change: $0 - 8 = -8$ tons (loss). Opportunity cost is 8 tons of wheat.

Step5: Identify PPC shift cause (Q15)

List factors that expand production capacity.
Examples: technological improvements, increase in resources (land, labor, capital), or improved worker productivity.

Answer:

1. 8
2. 2; wheat
3. 7; corn
4. 8; wheat
5. Factors such as technological advancements in corn/wheat production, an increase in available farmland, a larger skilled agricultural workforce, or an increase in agricultural capital (like better farming equipment) would cause the Production Possibilities Curve to shift to the right.