Chapter 02 Homework LU On the following graph, use the blue points (circle symbol) to plot Andrew's initial production possibilities frontier (PPF). O Initial PPF 4 New PPF CUTTING BOARDS O 1 2 3 5 6 TEA TOWELS Suppose Andrew is currently using combination D, producing one tea towel per day. His opportunity cost of producing a second tea towel per day per day. MacBook * EA XO O * Z O 16 19 20 New PPF Initial PPP I spends 8 hours a day working on crafts. The following table gives different daily output scenarios depending on how much of his time is spent on each Produced Andrew is a talented artist who sells hand-crafted goods on his website. Andrew currently crafts and sells both tea towels and cutting boards. He CO