Before the First Gulf War in 1991, Kuwait Had the Capacity

question 398

Essay

Before the first Gulf War in 1991, Kuwait had the capacity to produce a certain amount of oil from its oil wells. After the war, it found that capacity greatly diminished because the oil wells had been set on fire. Draw Kuwaitʹs PPF before and after the war, assuming that the only two goods produced are oil and food. Further assume that setting the oil wells on fire did not affect Kuwaitʹs ability to produce food. Explain why the PPF before the war is different from the PPF after the war. $$\begin{array} { | l | l | l | l | } \hline \begin{array} { l } \text { Production } \\\text { point }\end{array} & \begin{array} { l } \text { Pizza } \\\text { produced }\end{array} & & \begin{array} { l } \text { CDs } \\\text { produced }\end{array} \\\hline A & 0 & \text { and } & 42 \\\hline B & 4 & \text { and } & 40 \\\hline & 8 & \text { and } & 36 \\\hline D & 12 & \text { and } & 30 \\\hline E & 16 & \text { and } & 22 \\\hline F & 20 & \text { and } & 12 \\\hline G & 24 & \text { and } & 0 \\\hline\end{array}$$

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Definitions:

Median

The middle value in a data set, which divides it into two equal halves, with an equal number of values both above and below it.

Range

The difference between the highest and lowest scores in a data set, used as a measure of variability.

Stanine

A method of scaling test scores on a nine-point standard scale with a mean of five and a standard deviation of approximately two, used to simplify the interpretation of test results.

Normal Curve

A bell-shaped curve that represents the distribution of a set of data where most occurrences take place in the middle of the range.