Question: 2. Comparative and absolute advantage Elijah and Aneesha are farmers. Each one owns a 14-acre plot of land. The following table shows the amount






2. Comparative and absolute advantage Elijah and Aneesha are farmers. Each one owns a 14-acre plot of land. The following table shows the amount of watermelon and zucchini each farme can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing watermelon or zucchini or to produce watermelo on some of the land and zucchini on the rest. Elijah Aneesha ZUCCHNI (Pounds) On the following graph, use the blue line (circle symbol) to plot Elijah's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Aneesha's PPF. 140 126 112 98 84 70 56 42 20 14 0 Watermelon (Pounds per acre) 10 18. 0 Zucchini (Pounds per acre) 5 6 70 140 210 280 350 420 400 500 630 700 WATERMELON (Pounds) Elgah's PPF Aneesha's PPF On the following graph, use the blue line (circle symbol) to plot Elijah's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Aneesha's PPF. 140 120 112 g 98 ZUCCHNI (Pounds) & 84 70 56 42 28 14 0 0 zucchini. 70 140 210 280 350 420 400 500 630 700 WATERMELON (Pounds) watermelon. Elijah's opportunity cost of producing 1 pound of zucchini is pound of zucchini is Elijah's PPF 1x Aneesha's PPF has an absolute advantage in the production of watermelon, and has an absolute advantage in the production of pounds of watermelon, whereas Aneesha's opportunity cost of producing 1 opportunity cost of producing zucchini than Aneesha, has a comparative advantage in the production of pounds of watermelon. Because Elijah has a has a comparative advantage in the production of zucchini, and has an absolute advantage in the production of watermelon, and Elijah Aneesha ortunity cost of producing 1 pound of zucchini is poana or racchini is watermelon. has an abs pounds of watermelon, whereas Anee opportunity cost of has a compara pounds of watermelon. Because Elijah has a has a comparative advantage in the production of zucchini, and zucchini, has an absolute advantage in the production of watermelon, and Elijah's opportunity cost of producing 1 pound of zucchini is pound of zucchini is watermelon, has an absolute advantage in the production of Elijah pounds of Aneesha, whereas Aneesha's opportunity cost of producing 1 opportunity cost of producing zucchini than Anees, has a comparative advantage in the production of pounds of watermelon. Because Elijah has a has a comparative advantage in the production of zucchini, and Elijah's opportunity cost of producing 1 pound of zucchini is pound of zucchini is watermelon. higher lower pour pounds of watermelon. Because Elgah has a has a comparative advantage in the production of zucchini, and A Jermeion, whereas Aneesha's opportunity cost of producing 1 opportunity cost of producing zucchini than Aneesha, has a comparative advantage in the production of Aneesha Elgah ortunity cost of producing 1 pound of zucchini is cchini is watermelon. pounds of watermelon, whereas Aneesha's opportunity cost of producing 1 opportunity cost of producing zucchini than Aneesha, has a comparative advantage in the production of pounds of watermelon. Because Elijah has a has a comparative advantage in the production of zucchini, and Elgjah's opportunity cost of producing 1 pound of zucchini is pound of zucchini is watermelon. pounds o pounds of watermelon. Because Elijah has a has a comparative advantage in the production of zucchini, and Aneesha Elgah on, whereas Aneesha's opportunity cost of producing 1 portunity cost of producing zucchini than Aneesha, has a comparative advantage in the production of A
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