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(Solved): David and Morgan are farmers. Each one owns an 18-acre plot of land. The following table shows the ...
David and Morgan are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of zucchini and watermelon each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing zucchini or watermelon or to produce zucchini on some of the land and watermelon on the rest. On the following graph, use the blue fine (circle symbol) to plot Dawid's production possibulties frontier (PPF), and use the purple fine (diamond symbol] to plot Morgan's PQF,
On the following graph, ve the Bve fine (circle symbol) to plot David's production possubuties frontier (PPF), and use the purple Ane (diamand symbold ro plot Morgan's PpF. has an absolute advantage in the production of zucchinl, and has an absolute advantage in the production of wateumelon. Davios opportunity cost of producing 1 pound of watermelan is pounds of zucchind, whereas Morgan's opportunity cost of producing 1 pound of watermelon is peunds of rucchinl, Beceuse David has a opportunity cost of producing watermelon than Morgan, has a comparative advantage in the production of watermelon, and has a comparative advantage in the productien of fucchini.