The graph below indicates two feasible frontiers for Joshua, a pumpkin farmer. His initial optimal point is A . There is a technological advancement, such that FF 2 reflects his new feasible frontier. / Die onderstaande grafiek dui twee haalbare grense van Joshua, ‘n pampoenboer, aan. Sy oorspronklike optimale punt is A . Daar is ‘n tegnologiese vooruitgang sodanig dat FF 2 sy nuwe haalbare grens weerspieël.

Which one of the following statements are INCORRECT? / Watter een van die volgende stellings is NIE KORREK NIE?

Question

The graph below indicates two feasible frontiers for Joshua, a pumpkin farmer. His initial optimal point is  A . There is a technological advancement, such that FF 2  reflects his new feasible frontier. /  Die onderstaande grafiek dui twee haalbare grense van Joshua, ‘n pampoenboer, aan. Sy oorspronklike optimale punt is  A . Daar is ‘n tegnologiese vooruitgang sodanig dat FF 2   sy nuwe haalbare grens weerspieël. 
  
   
 Which one of the following statements are INCORRECT? /  Watter een van die volgende stellings is NIE KORREK NIE?

Accepted Answer

The technological advancement allows Joshua to consume more pumpkins, but it does not allow him to consume more hours of free time. /  Die tegnologiese vooruitgang stel Joshua in staat om meer pampoene te verbruik, maar dit laat hom nie toe om meer ure vrye tyd te verbruik nie.

Answer

If Joshua continues to consume the same number of hours of free time as before the technological advancement, his marginal rate of transformation (MRT) will have increased. /  Indien Joshua aanhou om dieselfde aantal ure vrye tyd te verbruik as voor die tegnologiese vooruitgang, sou sy marginale koers van transformasie (MRT) toegeneem het.

Answer

If Joshua continues to consume the same number of pumpkins as before the technological advancement, his marginal rate of transformation (MRT) will have increased. /  Indien Joshua aanhou om dieselfde aantal pampoene te verbruik as voor die tegnologiese vooruitgang, sal sy marginale koers van transformasie (MRT) toegeneem het.

Answer

One of Joshua’s indifference curves is tangent to FF 1  at  A . /  Een van Joshua se indifferensiekurwes is raaklyn aan FF 1  by  A .

Crowdly

The graph below indicates two feasible frontiers for Joshua, a pumpkin farmer. H...

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