Refer to the information provided in Figure below for the economy of Macroland to answer the question. Capital goods Consumer goods Refer to Figure above Macroland's production possibility frontier is bowed out from the origin due to Select one: O O OC a. decreasing opportunity costs. b. trade. c. specialized resources. d. unemployment.

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Beth can read 30 pages of astronomy in an hour. She can also read 20 pages of sociology in an hour. She spends 6 hours per day studying.   **Use the blue line (circle symbol) to draw Beth's production possibilities frontier (PPF) for reading astronomy and sociology.   Diagram has Astronomy Pages on the left from 0-200 in increments of 20's On the bottom of the Diagram it lists Sociology Pages numbered the same fom 0-200 in increments of 20.   Beth's opportunity cost of reading 60 pages of sociology is ___________   pages of astronomy.

Can the Production Possibilities Curve shift left? If not, explain why. If it can, explain what might cause this to happen.

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Consider an economy with two producers, Sidney and Connor. Each allocates 8 hours per day between the production of chocolate and bananas. Given 8 hours of labour, Sidney can produce 80kg of chocolate or 16kg of bananas. Connor can produce either 2kg of chocolate or 4kg of bananas per hour.  B) Introducing Trade i) Suppose production capacity does not change. Do we expect there to be trade between Sidney and Connor? Why or why not?  ii) What are the bounds on the price of bananas (in terms of chocolate) if there is trade? In other words, what range must the price of bananas fall within?  iii) Assume a price of 4. In other words, 1kg of bananas cost 4kg of chocolate. Explain why trade is likely to make both Sidney and Connor better off in this case.

If the nation depicted in Table 2.2 is producing at combination E, the opportunity cost of producing the tenth unit of consumer good is: A 1 unit of capital good. B C D E zero unit of capital good. 6 units of capital goods. 4 units of capital goods. 10 units of capital goods. Given below is the production possibilities schedule for capital goods and consumer goods. Table 2.2 Production Possibilities Schedule Combination Capital Goods Consumer Goods

I need help with A and B.