Question: ECON 2302 Principles of Microeconomics Module I Problem Set Chapters I, 2, and 19 Answer the following questions and subrnit to the appropriate space on
ECON 2302 Principles of Microeconomics Module I Problem Set Chapters I, 2, and 19 Answer the following questions and subrnit to the appropriate space on Canvas. 1. Mark Watney is in a rather disastrous situation - stranded on Mars with little hope of rescue and few resources to survive. Watney can use his time and equipment to grow potatoes or distill clean water. If he uses all of his available resourees, he can grow 2 pounds of potitoes an hour. If Watney uses all of his resources to distill clean water, he can distill I gallon per hour. He is slightly injured, so to help heal himself, he chooses not to work more than 10 hours out of every 24 hours. A) Draw Watney's production possibilities curveffrontier for one day's worth of production. Be sure that you include units on the axes
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