2. Similar to last, but vertical intersection at 40, horizontal intersection at 50.
3. Any bowed-out curve (as above).
4. This graph will have any downsloping straight line. The straight line involves constant trade off of one item for the other (such as down 2, over 1 -- meaning you give up two "other" for 1 unit of good x). The law of increasing opportunity cost is not in effect here. Note that we almost always draw pp curves so as to include increasing opportunity costs (in other words, bowed out).
5.and 6. These are really the same answers. More or better resources
or improved technology will allow more to be produced. We show this
as a movement (shift) outward of the original curve. The new curve
will at all points lie outside of the original one, showing greater amounts
of "other" and good x.
Supplementary problem: (going back to the graph on #6, as originally
shown) Where would we plot a combination which represented inefficient
production?
(answer: inside -- in other words southwest of -- the curve)
Where would we plot an impossible combination, meaning more of both
than can currently be produced?
(answer: outside)
Where would we plot a combination representing efficient production?
(answer: anywhere on the line would be productively efficient or sometimes
called technically efficient. Note: FYI we don't have enough information
to know which point is "allocatively" efficient.)