Elijah and Aneesha are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of zucchini and watermelon each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing zucchini or watermelon or to produce zucchini on some of the land and watermelon on the rest. ZucchiniWatermelon(Pounds per acre)(Pounds per acre)Elijah123Aneesha186

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Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
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Comparative and absolute advantage

Elijah and Aneesha are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of zucchini and watermelon each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing zucchini or watermelon or to produce zucchini on some of the land and watermelon on the rest.

ZucchiniWatermelon(Pounds per acre)(Pounds per acre)Elijah123Aneesha186

watermelon.
has an absolute advantage in the production of zucchini, and
Elijah's opportunity cost of producing 1 pound of watermelon is
pound of watermelon is
zucchini.
has an absolute advantage in the production of
pounds of zucchini, whereas Aneesha's opportunity cost of producing 1
pounds of zucchini. Because Elijah has a
▼ opportunity cost of producing watermelon than Aneesha,
has a comparative advantage in the production of watermelon, and
has a comparative advantage in the production of
Transcribed Image Text:watermelon. has an absolute advantage in the production of zucchini, and Elijah's opportunity cost of producing 1 pound of watermelon is pound of watermelon is zucchini. has an absolute advantage in the production of pounds of zucchini, whereas Aneesha's opportunity cost of producing 1 pounds of zucchini. Because Elijah has a ▼ opportunity cost of producing watermelon than Aneesha, has a comparative advantage in the production of watermelon, and has a comparative advantage in the production of
On the following graph, use the blue line (circle symbol) to plot Elijah's production possibilities frontier (PPF), and use the purple line (diamond
symbol) to plot Aneesha's PPF.
WATERMELON (Pounds)
180
162
144
126
108
90
72
54
36
18
0
0
90
180 270 360 450 540 630 720
ZUCCHINI (Pounds)
810
H
900
Elijah's PPF
Aneesha's PPF
?
Transcribed Image Text:On the following graph, use the blue line (circle symbol) to plot Elijah's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Aneesha's PPF. WATERMELON (Pounds) 180 162 144 126 108 90 72 54 36 18 0 0 90 180 270 360 450 540 630 720 ZUCCHINI (Pounds) 810 H 900 Elijah's PPF Aneesha's PPF ?
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