Please answer the following questions in the text box provided:

1. Refer to Table 1. This table shows an economy that produces education services and consumption goods. If the economy currently produces 500 graduates per year and 2000 units of consumption goods, what is the opportunity cost of consumption goods when adding 250 additional graduates (answer should be a ratio)?

\f\fFIGURE 3.3 FIGURE 3.4 Chapter Checkpoint Study Plan Problem 7 Chapter Checkpoint Study Plan Problem 7 Balls (per hour) Balls (per hour) 40 80 30 60 O 20 40 Tom's PPF Abby's PPF 10 20 0 3 0 2 Rackets (per hour) Rackets (per hour)\f