1 Draw and correctly label the following two production

Last updated: 2/8/2024

1 Draw and correctly label the following two production possibilities frontiers one for China and one for the United States The Y axis reflects units of tech goods produced the X axis reflects units of manufactured goods produced If China uses all its resources to make tech goods it will produce 4 if they use all their resources to make manufactured goods it will produce 24 If the US uses all its resources to make tech goods it will produce 48 if they use all their resources to make manufactured goods it will produce 48 China is currently producing 2 tech goods and 12 manufactured goods while the US is currently producing 24 tech goods and 24 manufactured goods