# Chapter 2 and Chapter 3 of Microeconomics

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Chapter 2 and Chapter 3 of Microeconomics

I need a tutor to help me with my ECO2023 – Microeconomics class this semester from January through May of 2020. Also, i have an assignment that i need completed by today. Use the attached PDF of the Principles of Microeconomics book to help you with every assignment.

Today: Complete the entire 1.A.2 and 1.A.3 sections on the attached word document.

 1.A.2 Read chapter 2 Before beginning this assignment, please read chapter 2 and refer to it as you form your answers. Do the best you can without using the internet to help you find answers. Consider Figure 2 in Chapter 2. This is a graph of the Production Possibilities Frontier. Refer to it as you answer these questions. Define production possibilities frontier. What are the two goods being produced in Figure 2? What combination of goods is produced at: Point A Point B Point D Explain why it’s inefficient to produce at point D. Explain why it’s impossible to produce at point C. Jack has 10 acres of land. On 1 acre, he can grow 1 bushel of apples or 1 bushel of oranges. Jill also has 10 acres of land. On 1 acre, she can grow 1 bushel of apples or 3 bushels of oranges. Draw a PPF that shows all of the different combinations of apples and oranges that Jack can produce. Draw a PPF on a whole new graph that shows all of the difference combinations of apples and oranges that Jill can produce. Now, watch the assigned video called “The Production Possibilities Frontier.” Then, complete the next question

Answer each question correctly with complete information and answer each sub-question. And make sure you create a PPF – Production Possibilities Frontier graph for the questions that asked for it.

New York University
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