Homework Answers
1. Tons of bananas that Costa Rica can produce in a year is= 4 tons.
Tons of bananas that Brazil can produce in a year is =6 tons.
2. Tons of coffee that Costa Rica can produce in a year is= 2 tons.
Tons of coffee that Brazil can produce in a year is=1.5 tons.
3. The values derived are as follows
| Country/ Product |
Bananas (Tons per year) |
Coffee (Tons per year) |
| Costa Rica | 4 | 2 |
| Brazil | 6 | 1.5 |
Please see the images attached for graph
In the production possibility
curve productive efficiency occurs when a good or a service is
produced at the lowest possible cost. The concept is illustrated on
a production possibility frontier (PPF), where all points on the
curve are points of productive efficiency.
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