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Susan is a skilled toy maker who is able to produce both boats and drums. She has 8 hours a day to produce toys. The following table shows the daily output resulting from various possible combinations of her time.ChoiceHours ProducingProduced(Boats)(Drums)(Boats)(Drums)A8040B62311C44216D26119E08020 On the following graph, use the blue points (circle symbol) to plot Susan's initial production possibilities frontier (PPF). Suppose Susan is currently using combination D, producing one boat per day. Her opportunity cost of producing a second boat per day is how many drums per day? Now, suppose Susan is currently using combination C, producing two boats per day. Her opportunity cost of producing a third boat per day is how many boats per day?  From the previous analysis, you can determine that as Susan increases her production of boats. Will her opportunity cost of producing one more boat increase or decrease Suppose Susan buys a new tool that enables her to produce twice as many boats per hour as before, but it doesn't affect her ability to produce drums. Use the green points (triangle symbol) to plot her new PPF on the previous graph. Because she can now make more boats per hour, Susan's opportunity cost of producing drums is lower, higher, or the same as it previously was?

Question
Susan is a skilled toy maker who is able to produce both boats and drums. She has 8 hours a day to produce toys. The following table shows the daily output resulting from various possible combinations of her time.
Choice
Hours Producing
Produced
(Boats)
(Drums)
(Boats)
(Drums)
A 8 0 4 0
B 6 2 3 11
C 4 4 2 16
D 2 6 1 19
E 0 8 0 20
 
On the following graph, use the blue points (circle symbol) to plot Susan's initial production possibilities frontier (PPF).
 
Suppose Susan is currently using combination D, producing one boat per day. Her opportunity cost of producing a second boat per day is how many drums per day?
 
Now, suppose Susan is currently using combination C, producing two boats per day. Her opportunity cost of producing a third boat per day is how many boats per day? 
 
From the previous analysis, you can determine that as Susan increases her production of boats. Will her opportunity cost of producing one more boat increase or decrease
 
Suppose Susan buys a new tool that enables her to produce twice as many boats per hour as before, but it doesn't affect her ability to produce drums. Use the green points (triangle symbol) to plot her new PPF on the previous graph.
 
Because she can now make more boats per hour, Susan's opportunity cost of producing drums is lower, higher, or the same as it previously was?
 
 
 

 

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Step 1

“Hey, since there are multiple subaprt , we will answer first three subparts. Please resubmit the question and specify the other subparts (up to 3) you’d like answered.

Step 2

a.

Susan's initial production possibilities frontier (PPF) as follows:

25
20
15
10
PPF
0
1
2
Boats
Drums
en
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25 20 15 10 PPF 0 1 2 Boats Drums en

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Step 3

b.

When Susan is currently using the combination D, Susan producing 19 drums and 1 boat per day, then the...

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