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\fQuestion 16 (3 points) Figure 1: Production Possibility Frontier, PPF TVS 500 500 200 400 600 100 1000 1200 Hats Based on the information in Figure 1 when this country is producing 300 TVs and 300 Hats the opportunity cost of one TV in terms of Hats is A) 0.3333 Hat O B) 3 Hats OC) 1200 Hats OD) 1 HatQuestion 19 (3 points) Consider a country that can produce two goods, Wheat and Autos. Figure 2 contains that country's PPF and three Community Indifference Curves, CIC, , CIC1 and CIC2. 120 100 BO Wheat 60 OC 40 20 W cice O 20 40 60 80 100 120 Anine Based on Figure 2 the consumers in this country get the same level of satisfaction from point A) A and W OB) K and A O C) A and M OD) None of the above