Sean and Yvette are farmers. Each one owns a 12-acre plot of land. The following table shows the amount of alfalfa and barley each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing alfalfa or barley or to produce alfalfa on some of the land and barley on the rest. Sean Yvette BARLEY (Bushels) On the following graph, use the blue line (circle symbol) to plot Sean's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Yvette's PPF. 120 108 96 84 72 60 48 36 24 12 0 Alfalfa Barley (Bushels per acre) (Bushels per acre) 18 6 28 7 0 60 120 180 240 300 380 420 480 540 600 ALFALFA (Bushels) Sean's PPF Yvette's PPF (?)

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Sean and Yvette are farmers. Each one owns a 12-acre plot of land. The following table shows the amount of alfalfa and barley each farmer can
produce per year on a given acre. Each farmer chooses whether to devote all acres to producing alfalfa or barley or to produce alfalfa on some of the
land and barley on the rest.
Sean
Yvette
BARLEY (Bushels)
On the following graph, use the blue line (circle symbol) to plot Sean's production possibilities frontier (PPF), and use the purple line (diamond
symbol) to plot Yvette's PPF.
120
108
96
84
72
60
48
36
24
12
0
0
Alfalfa
Barley
(Bushels per acre) (Bushels per acre)
18
6
28
7
60
120 180 240 300 380 420 480 540 600
ALFALFA (Bushels)
Sean's PPF
Yvette's PPF
(?)
Transcribed Image Text:Sean and Yvette are farmers. Each one owns a 12-acre plot of land. The following table shows the amount of alfalfa and barley each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing alfalfa or barley or to produce alfalfa on some of the land and barley on the rest. Sean Yvette BARLEY (Bushels) On the following graph, use the blue line (circle symbol) to plot Sean's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Yvette's PPF. 120 108 96 84 72 60 48 36 24 12 0 0 Alfalfa Barley (Bushels per acre) (Bushels per acre) 18 6 28 7 60 120 180 240 300 380 420 480 540 600 ALFALFA (Bushels) Sean's PPF Yvette's PPF (?)
Sean's opportunity cost of producing 1 bushel of barley is
barley is
bushels of alfalfa.
Because Sean has a
barley, and
bushels of alfalfa, whereas Yvette's opportunity cost of producing 1 bushel of
opportunity cost of producing barley than Yvette,
has a comparative advantage in the production of alfalfa.
has a comparative advantage in the production of
Transcribed Image Text:Sean's opportunity cost of producing 1 bushel of barley is barley is bushels of alfalfa. Because Sean has a barley, and bushels of alfalfa, whereas Yvette's opportunity cost of producing 1 bushel of opportunity cost of producing barley than Yvette, has a comparative advantage in the production of alfalfa. has a comparative advantage in the production of
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