Soru
On the global PPF of healthcare supplies and other goods and services how did the production point change as the Covid-19 pandemic spread across the globe? The production point moved __ A. along the PPF increasing the price of healthcare supplies and decreasing the price of other goods and services B. along the PPF increasing production of healthcare supplies and decreasing production of other goods and services C. from inside the PPF to a point on the PPF, increasing production of healthcare supplies and decreasing production of other goods and services D. from a point on the PPF to a point outside the PPF, increasing production of healthcare supplies and decreasing production of other goods and services
Çözüm
4.6
(247 Oylar)
Reyhan
Elit · 8 yıl öğretmeni
Uzman doğrulaması
Cevap
'C'
Daha Fazla
## Step 1The production possibility frontier (PPF) is a curve that is used to represent the maximum possible output combinations of two goods or services an economy can achieve when all resources are fully and efficiently utilized. ## Step 2In the context of the Covid-19 pandemic, the production point moved from a point inside the PPF to a point on the PPF. This is because the pandemic caused a significant shift in the allocation of resources.## Step 3The pandemic led to a decrease in the production of other goods and services as resources were redirected towards the production of healthcare supplies. This is because the pandemic required a significant amount of resources to be used for healthcare, which in turn decreased the production of other goods and services.## Step 4This shift in the production point from inside the PPF to a point on the PPF represents an increase in the production of healthcare supplies and a decrease in the production of other goods and services. This is because the resources were reallocated to meet the increased demand for healthcare supplies, which in turn decreased the production of other goods and services.