suppose that in a ppf graph, wheat is on the vertical axis and jets are on the horizontal axis. moving down…

suppose that in a ppf graph, wheat is on the vertical axis and jets are on the horizontal axis. moving down along the ppf, the\n\n○ amount of wheat increases and the opportunity cost of wheat increases.\n\n○ number of jets increases and the opportunity cost of jets increases.\n\n○ opportunity cost of jets and wheat both increase.\n\n○ amount of wheat increases and opportunity cost of wheat decreases.\n\n○ number of jets increases and the opportunity cost of jets decreases.

suppose that in a ppf graph, wheat is on the vertical axis and jets are on the horizontal axis. moving down along the ppf, the\n\n○ amount of wheat increases and the opportunity cost of wheat increases.\n\n○ number of jets increases and the opportunity cost of jets increases.\n\n○ opportunity cost of jets and wheat both increase.\n\n○ amount of wheat increases and opportunity cost of wheat decreases.\n\n○ number of jets increases and the opportunity cost of jets decreases.

Answer

Brief Explanations:

A Production - Possibility Frontier (PPF) shows the combinations of two goods that can be produced given available resources and technology. When moving down along the PPF, the quantity of the good on the horizontal axis (jets) increases. The PPF is bowed - out due to increasing opportunity cost. As more jets are produced (moving down the PPF), the opportunity cost of producing an additional jet increases.

Answer:

number of jets increases and the opportunity cost of jets increases.