Question: 3. Plot the PPC given by the following data. Combination A Health Care 0 All Other Goods 100 B 25 90 C 50 70 D

3. Plot the PPC given by the following data.

Combination A

Health Care 0

All Other Goods 100 B 25 90 C 50 70 D 75 40 E

a. Calculate the opportunity cost of each combina tion compared to the combination before. Com pare A to B, B to C, C to D, and D to E.

b. Suppose a second nation has the following PPC.

Plot the PPC. Are you able to define which nation has a comparative advantage in which activity?

Combination Health Care All Other Goods A 0 50 B 20 40 C 40 25 D 60 5 E 65 0

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