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. SQUASH (Pounds) 180 162 144 126 108 90 72 54 36 18 0 090 180 270 360 450 540 MAIZE (Pounds) 630 720 810 900 Elijah's PPF Aneesha's PPF ?

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Chapter33: International Trade
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Problem 31P: Review the numbers for Canada and Venezuela from Table 33.12 which describes how many barrels of oil...
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AGE
Homework (Ch 03)
2. 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 maize and squash each farmer can
produce per year on a given acre. Each farmer chooses whether to devote all acres to producing maize or squash or to produce maize on some of the
land and squash on the rest.
Elijah
Aneesha
Maize
(Pounds per acre)
28
18
Search this cou
Squash
(Pounds per acre)
7
6
Transcribed Image Text:AGE Homework (Ch 03) 2. 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 maize and squash each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing maize or squash or to produce maize on some of the land and squash on the rest. Elijah Aneesha Maize (Pounds per acre) 28 18 Search this cou Squash (Pounds per acre) 7 6
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.
SQUASH (Pounds)
180
162
144
126
108
90
72
54
36
18
0
0 90
180
270
360 450 540
MAIZE (Pounds)
630 720 810 900
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. SQUASH (Pounds) 180 162 144 126 108 90 72 54 36 18 0 0 90 180 270 360 450 540 MAIZE (Pounds) 630 720 810 900 Elijah's PPF Aneesha's PPF ?
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