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PPC Assignment

The document is an assignment for Class 11th Economics focusing on the Production Possibility Curve (PPC). It includes calculations for marginal opportunity cost (MOC) and marginal rate of transformation (MRT) using various data sets for commodities. Additionally, it requires students to analyze and comment on the shape of the PPC based on provided schedules.

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Tanmay Saini
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174 views2 pages

PPC Assignment

The document is an assignment for Class 11th Economics focusing on the Production Possibility Curve (PPC). It includes calculations for marginal opportunity cost (MOC) and marginal rate of transformation (MRT) using various data sets for commodities. Additionally, it requires students to analyze and comment on the shape of the PPC based on provided schedules.

Uploaded by

Tanmay Saini
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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VISHAL CLASSES

(K-5, near Raja Ram hospital, Shivalik Nagar)


Class 11th ECONOMICS
INTRODUCTORY MICROECONOMICS
ASSIGNMENT 3
PRODUCTION POSSIBILITY CURVE

1. Calculate the marginal opportunity cost (MOC) of commodity A for the given combinations:

Commodity A 0 1 2 3 4 5

Commodity B 15 14 12 9 5 0

2. Determine the marginal opportunity cost from the following data:

Commodity A Commodity B

20 10

10 14

3. Compute marginal opportunity cost (MOC) from the following data:

Good X 0 10 20 30 40

Good Y 200 180 140 80 0

4. The following table depicts the production possibilities of commodities X and Y:

Possibility A B C D E

Commodity X 0 1 2 3 4

Commodity Y 10 9 7 4 0

a. Show these production possibilities through PPF. What do the points on the curve indicate?
b. Label a point F inside the curve. What does this point indicate?
c. Label a point G inside the curve. What does this point indicate?
d. What must occur so that the economy can attain the level of production as indicated by point G.
5. A country produces two commodities X and Y. its production possibilities are shown in the following
table:

Possibility A B C D E F

Commodity X 20 14 9 5 2 0

Commodity Y 0 1 2 3 4 5

a. Calculate marginal rate of transformation (MRT);


b. Construct a PPF with the help of various possibilities;
c. Comment on shape of PPF along with its reason.
6. Giving reason, comment on the shape on PPC based on the following schedule:
Good X (units) Good Y (units)

0 10

1 9

2 7

3 4

4 0

7. Giving reason comment on the shape of PPC based on the following schedule:

Good X (units) Good Y (units)

0 16

1 12

2 8

3 4

4 0

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