Jamal and Frances are farmers. Each one owns a 4-acre plot of land. The followin

Question

Jamal and Frances are farmers. Each one owns a 4-acre plot of land. The following table shows the amount of corn and rye each farmer can produce per year on a given acre. Both farmers can choose whether to devote all 4 acres to producing corn only, to producing rye only, or to producing both corn and rye. Corn (Tons per acre) 8 12 Rye (Tons per acre) Jamal Frances On the following graph, use the red line (cross symbols) to plot Jamal's production possibilities frontier (PPF) and use the blue line (circle symbols) to plot Frances's PPRF. CORN (Tons per year 120 Jamal's PPF 100 Frances's PPF 80 60 40 20 4 81216 20 24 28 32 RYE ITons per yearl Clear ALL

Explanation / Answer

i frances

ii jamal

iii 2 ton of corn

iv 04 ton of corn

v lower

vi jamal

vii frances

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