(Solved): for the second question its the same graph  Consider a society facing the Production Possibilit ...

Consider a society facing the Production Possibilities Curve illustrated in Figure \( 2.1 \) and answer the question: If this society wanted to produce 1,000 units of cars, then their maximum output of corn would be more than 18,000 but fewer than 22,000 bushels of corn. exactly 18,000 bushels of corn. more than 24,000 bushels of corn. exactly 22,000 bushels of corn. Consider a society facing the Production Possibilities Curve illustrated in Figure 2.1 and answer the question: Starting at Point "C" (i.e., 18,000 bushels of corn and 1,600 units of cars), if this society wanted to produce 4,000 more bushels of corn, then Figure 2.1. they could also increase their output of cars by at least 900 units. they would have to decrease their output of cars by at least 850 units. they would have to decrease their output of cars by 600 units. they would no longer be able to produce any more bushels of corn.