Question

Suppose Janet is currently using combination D, producing one boat per day. Her opportunity cost of producing a second boat per day is 3 balls per day Now, suppose Janet is currently using combination C, producing two boats per day. Her opportunity cost of producing a third boat per day is 6 balls per day. From the previous analysis, you can determine that as Janet increases her production of boats, her opportunity cost of producing one more boat Suppose Janet 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 balls. Use the green points (triangle symbol) to plot her new PPF on the previous graph Because she can now make more boats per hour, Janet's opportunity cost of producing balls is it was previously