1. Draw a curve to show the PPF for retailing before the Internet is available Label it. 2. Draw a curve to show the PPF for retailing after the Internet is available and stores began closing Label it

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter2: Scarcity And Opportunity Costs
Section: Chapter Questions
Problem 14E
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Macy's, Kmart, JCPenney: More Retailers Closing Brick - and -
Mortar Stores As more people choose online retailing over
brick-and-mortar stores, Macy's, Kmart, JCPenney, and
others are closing stores Source: Springfield News - Sun,
March 24, 2017 Draw a curve to show the PPF for retailing
before the Internet is available. Label it: Draw a curve to show
the PPF for retailing after the internet is available and stores
began closing. Label it. » Draw only the objects specified in
the question.
Transcribed Image Text:Macy's, Kmart, JCPenney: More Retailers Closing Brick - and - Mortar Stores As more people choose online retailing over brick-and-mortar stores, Macy's, Kmart, JCPenney, and others are closing stores Source: Springfield News - Sun, March 24, 2017 Draw a curve to show the PPF for retailing before the Internet is available. Label it: Draw a curve to show the PPF for retailing after the internet is available and stores began closing. Label it. » Draw only the objects specified in the question.
Macy's, Kmart, JCPenney: More Retailers Closing Brick-and-Mortar Stores
As more people choose online retailing over brick-and-mortar stores, Macy's, Kmart, JCPenney, and others
are closing stores
Source: Springfield News-Sun, March 24, 2017
ALLE
1. Draw a curve to show the PPF for retailing before the Internet is available. Label it.
2 Draw a curve to show the PPF for retailing after the Internet is available and stores began closing. Label it.
20-
18-
16-
14-
12-
10-
8-
6-
4-
2-
0
Online retailing (millions of units)
3
5 6 7 8 9 10
Brick and mortar retailing (millions of units)
>>> Draw only the objects specified in the question.
Q
Ly
Transcribed Image Text:Macy's, Kmart, JCPenney: More Retailers Closing Brick-and-Mortar Stores As more people choose online retailing over brick-and-mortar stores, Macy's, Kmart, JCPenney, and others are closing stores Source: Springfield News-Sun, March 24, 2017 ALLE 1. Draw a curve to show the PPF for retailing before the Internet is available. Label it. 2 Draw a curve to show the PPF for retailing after the Internet is available and stores began closing. Label it. 20- 18- 16- 14- 12- 10- 8- 6- 4- 2- 0 Online retailing (millions of units) 3 5 6 7 8 9 10 Brick and mortar retailing (millions of units) >>> Draw only the objects specified in the question. Q Ly
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