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Hours Spent Studying Midterm Score Choice Economics Chemistry Economics Chemistry 5 95 70 93 78 3 2 84 2 86 81 0 5 75 91 a. Use the data in the table to draw a production possibilities frontier graph Label the vertical axis Score on economics exam and label the horizontal axis Score on chemistry exam. Make sure to label the values where your production possibilities frontier intersects the vertical and horizontal axes. (Note that the origin in your graph will not occur at the values 0,0.) b. Label the points representing choice C and choice D. If you are at choice C, what is your opportunity cost of increasing your chemistry score by 4 points? c. Under what circumstances would choice A be sensible?
bbard, Chapter 2, Problem #1.10. In addition to the questions, answer the following: Between an economics score of 81 and 86, what is the opportunity cost (on average) of increasing your economics score by one point? What is it between an economics score of 93 and 95? As you put more time into economics, is the opportunity cost of an extra point in economics cising or falling
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c) Use the table data in the Jable to a deao Label the poin, efeesening choice and Choice D be sensible ? 85 E. 75 ppf ir 4he production pessi biliHy dunckon b Slop the Pp Cve gives the eppetunily So you have to de duce the i matkr o when you vclue onty the marks o^ economicT and you are indweeen たom the matk chemirley then you oill select the option. A o oppottunity Ct o economics markr is too Lou

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