Need to verify my answers, please go over it and let me know if there are any mi

Question

Need to verify my answers, please go over it and let me know if there are any mistakes

Felix and Janet are farmers. Each one owns a 16-acre plot of land. The following table shows the amount of rye and corn each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing rye or corn or to produce rye on some of the land and corn on the rest. Rye (Bushels per acre) 12 10 Corn (Bushels per acre) Felix Janet On the following graph, use the blue line (circle symbol) to plot Felix's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Janet's PPF. 160 144 Felix's PPF 128 112 4P 96 Janet's PPF 80 O 64 48 32 16 0 80 160 240 320 400 480 560 640 720 800 RYE (Bushels) lix has an absolute advantage in the production of rye, and Janet has an absolute advantage in the production of CO Felix's opportunity cost of producing 1 bushel of corn is 4 bushels of rye, whereas Janet's opportunity cost of producing 1 bushel of corn is 2 bushels of rye. Because Felix has a lower opportunity cost of producing corn than Janet, Felix has a comparative advantage in the - - production of corn, and Felix has a comparative advantage in the production of rye

Explanation / Answer

I am doing the whole question here please check you answer:

Your PPF is correct

if the intercept for Felix's PPF is 192 on X- axis (means for Rye) and 48 for Y - axis means for corn.

If the intercept for Janet's PPF is 160 on X- axis and 80 on y- axis.

Felix has an absolute advantage in the production of rye and Janet has an absolute advantage in the production of corn.

Explanation:

At the same 16 acre land Felix produce 192 bushels of rye while Janet produces only 160 bushles of rye.

And at the same 16 acre land Janet produce 80 bushles of corn while Felix produces only 48 bushels of corn.

-

Felix's opportunity cost of producing 1 bushles of corn is 4 ( 12/3) bushles of rye, whereas Janet's opportunity cost of producing 1 bushles of corn is 2 (10/5) bushles of rye.

Because Felix has a higher opportunity cost of producing corn than Janet( because the opportunity cost of corn for Felix is 4 bushels of rye while Janet's opportunity cost of producing 1 bushles of corn is 2 bushles of rye, means Janet has lower opportunity cost of corn not Felix), Janet has a comparative advantage in the production of corn, and Felix has a comparative advantage in the production of rye.

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