Use the PPC for Macro Island above to answer the following questions. This question has multiple...
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Use the PPC for Macro Island above to answer the following questions. This question has multiple parts. Make sure that you have answered all parts to maximize your points earned. 1. Explain in one to two sentences what the PPC is illustrating for Macro Island. Answers must include specific information from the graph. (2 points) 2. Explain what a move from point B to point A would mean in terms of opportunity cost and production. Answers must include specific information and quantities from the graph. (3 points) 3. Explain the difference between what points C and D represent on the PPC for Macro Island. Answers must include specific information and quantities from the graph. (2 points) Use the PPC for Macro Island above to answer the following questions. This question has multiple parts. Make sure that you have answered all parts to maximize your points earned. 1. Explain in one to two sentences what the PPC is illustrating for Macro Island. Answers must include specific information from the graph. (2 points) 2. Explain what a move from point B to point A would mean in terms of opportunity cost and production. Answers must include specific information and quantities from the graph. (3 points) 3. Explain the difference between what points C and D represent on the PPC for Macro Island. Answers must include specific information and quantities from the graph. (2 points)
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