May I please full-bodied answers for the two questions below

Frozen Foods and Opportunity Costs

The growth of the frozen dinner entre market in the last 50 years is a good example of the role of opportunity costs in our lives.

Many entrepreneurs find that the simple tools of economicslike the idea of opportunity costshelp them anticipate what products will be profitable for them to produce in the future.

1 . Many people think that soda consumption also leads to increased obesity. Many schools have banned the sale of soda in vending machines. Use the idea of opportunity costs to explain why some people think these bans will reduce consumption.

Do you agree? Why or why not?

Trade-Offs among the Rich and Poor

In all societies, for all people, resources are limited relative to people's demands.

In 1990, the World Bank defined the extremely poor people of the world as those earning less than $1 a day.

Even for the poorest consumers, the biological need is not all-determining. So even in extremely poor societies, household choice plays a role.

2.Why might we see a greater demand for festivals in poor countries than in rich ones? How might this be affected by choices available?