Question: Alpha and Beta, two tiny islands off the east coast of Tricoli, produce pearls and pineapples. The production possibilities schedules in the table below describe

Alpha and Beta, two tiny islands off the east coast of Tricoli, produce pearls and pineapples. The production possibilities schedules in the table below describe their potential output in tons per year.

1. Graph the production possibilities confronting each island.

2. What is the opportunity cost of one ton of pineapples on each island?

3. Which island has a comparative advantage in pineapple production?

Alpha Beta Pearls Pineapples Pineapples Pearis 30 20 25 16 20 20 12 15 30 8. 10 40 10 45 2 12 50

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