production possibility frontier Atlantis is a small, isolated island in the South Atlantic The inhabitants grow potatoes and catch fresh fish The accompanying table shows the maximum annual output...

production possibility frontier

Atlantis is a small, isolated island in the South Atlantic

The inhabitants grow potatoes and catch fresh fish The

accompanying table shows the maximum annual output combinations of potatoes and fish that can be produced Obviously, given their limited resources and available technology, as they

use more of their resources for potato production, there are

fewer resources available for catching fish

Maximum annual Quantity of potatoes Quantity of fish

output options (pounds) (pounds)

A 1,000 0

B 800 300

C 600 500

D 400 600

E 200 650

F 0 675

Draw a production possibility frontier with potatoes on the horizontal axis and fish on the vertical axis

illustrating these options, showing points A-F