The table shows Yucatan's production possibilities, Food (pounds per month) Food (pounds per month) Sunscreen (gallons per month) 200 and 100 and 400 50 and 600 and 800 150 Draw the four points defined in the table. Use the four-point line tool to draw the PPF. Label it. 100100 IH Yucatan produces 100 pounds of food per month, it must produce 400 galions of sunscreen to achieve production efficiency PPE The opportunity coat of 1 pound of food isgalons of 200 Sunscreen (gatlons per month) sunscreen 400 1000 The opportunity cost of 1 galon of sunscreen is pounds of food. >» Draw only the objects specified in the queston >> Answer to 2 decimal places.

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter2: Economic Tools And Economic Systems
Section: Chapter Questions
Problem 3.5P
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Question
The table shows Yucatan's production possibities,
Food (pounds per month)
Food
(pounds per month)
200
Sunscreen
(gallons per month)
and
200
100
and
400
50
and
600
and
800
150-
Draw the four points defined in the table.
Use the four-point line tool to draw the PPF. Label it.
100
100
IH Yucatan produces 100 pounds of food per month, it
must produce 400 galions of sunscreen to achieve
production efficiency
50
The opportunity cost of 1 pound of food isegallons of
le00
400
Sunscreen (galons per month)
le00
sunscreen
200
1000
The opportunity cost of 1 gallon of sunscroen isO
pounds of food.
> Answer to 2 decmal places.
» Draw only the objects specified in the question
Transcribed Image Text:The table shows Yucatan's production possibities, Food (pounds per month) Food (pounds per month) 200 Sunscreen (gallons per month) and 200 100 and 400 50 and 600 and 800 150- Draw the four points defined in the table. Use the four-point line tool to draw the PPF. Label it. 100 100 IH Yucatan produces 100 pounds of food per month, it must produce 400 galions of sunscreen to achieve production efficiency 50 The opportunity cost of 1 pound of food isegallons of le00 400 Sunscreen (galons per month) le00 sunscreen 200 1000 The opportunity cost of 1 gallon of sunscroen isO pounds of food. > Answer to 2 decmal places. » Draw only the objects specified in the question
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