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What is CPF ?what can CPF be used for?

How to represent a ratio of one for one on a CPF?

  • stuck on this question as im used to not having a ratio of 1 for 1. Used to having a ratio of say for example one chair for 0.6 desks between 2 countries. so i have constructed two ppcs for the 2 countries showing the max production for either goods which makes straight line ppcs for both and now need to show cpfs for both with a ratio of 1:1. i guessed that it wud be another line from the max of the good that they should specialise in eg say they can produce 1200 chairs and 400 desks. they should spec in chairs as with 1:1 the cpf wud just be a line from 1200 to 1200 instead of 1200 to 400? Any help appreciated

  • Answer:

    use comparative advantage, table

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