Question: a. Draw a graph of Sunlands PPF and explain how your graph illustrates a tradeoff. b. If Sunland produces 150 kilograms of food per month,

a. Draw a graph of Sunland€™s PPF and explain how your graph illustrates a tradeoff.
b. If Sunland produces 150 kilograms of food per month, how much sunscreen must it produce if it achieves production efficiency?
c. What is Sunland€™s opportunity cost of producing 1 kilogram of food?
d. What is Sunland€™s opportunity cost of producing 1 litre of sunscreen?
e. What is the relationship between your answers to parts (c) and (d)?
Suppose that Sunland€™s production possibilities are given in the table.

Food Sunscreen (kilograms per month) (litres per month) and 300 200 and 50 100 and 100 0 and 150

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a Sunlands PPF is illustrated in Figure The figure illustrates a tradeoff because moving along Sunlands PPF producing more of one good requires produc... View full answer

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