David and Morgan are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of zucchini and watermelon each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing zucchini or watermelon or to produce zucchini on some of the land and watermelon on the rest. DavidMorganWATERMELON (Pounds)On the following graph, use the blue line (circle symbol) to plot David's production possibilities frontier (PPF), and use the purple line (diamondsymbol) to plot Morgan's PPF.18016214412610890725436180ZucchiniWatermelon(Pounds per acre) (Pounds per acre)123186090180270 360 450 540 630 720ZUCCHINI (Pounds)810 900David's PPFMorgan's PPF? has an absolute advantage in the production of zucchini, andDavid's opportunity cost of producing 1 pound of watermelon ispound of watermelon iszucchini.has an absolute advantage in the production of watermelon.pounds of zucchini, whereas Morgan's opportunity cost of producing 1opportunity cost of producing watermelon than Morgan,has a comparative advantage in the production ofpounds of zucchini. Because David has ahas a comparative advantage in the production of watermelon, and

Production Possibility Frontier (PPF) refers to the possible maximum combinations of two goods that…

Answered: David and Morgan are farmers. Each one…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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David and Morgan are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of zucchini and watermelon each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing zucchini or watermelon or to produce zucchini on some of the land and watermelon on the rest.

David
Morgan
WATERMELON (Pounds)
On the following graph, use the blue line (circle symbol) to plot David's production possibilities frontier (PPF), and use the purple line (diamond
symbol) to plot Morgan's PPF.
180
162
144
126
108
90
72
54
36
18
0
Zucchini
Watermelon
(Pounds per acre) (Pounds per acre)
12
3
18
6
090
180
270 360 450 540 630 720
ZUCCHINI (Pounds)
810 900
David's PPF
Morgan's PPF
?

has an absolute advantage in the production of zucchini, and
David's opportunity cost of producing 1 pound of watermelon is
pound of watermelon is
zucchini.
has an absolute advantage in the production of watermelon.
pounds of zucchini, whereas Morgan's opportunity cost of producing 1
opportunity cost of producing watermelon than Morgan,
has a comparative advantage in the production of
pounds of zucchini. Because David has a
has a comparative advantage in the production of watermelon, and

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