a Explain the economic link between scarcity, choice and opportunity cost.

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains From Trade
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1.a Explain the economic link between scarcity, choice and opportunity cost. 
1.b Suppose there are two countries (South Africa and Chile) producing two products
(Capital goods and consumer goods) with production possibilities per person in
South Africa lower than in Chile. Use the PPF to substantiate how the future growth
of the two countries will change if South Africa devoted a lot of its resources to
producing capital goods today.  

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