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1. MFA is harvesting 2 products from her farm: corn and lemon. Because of the current situation, demand for lemon increases vigorously than corn. In

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1. MFA is harvesting 2 products from her farm: corn and lemon. Because of the current situation, demand for lemon increases vigorously than corn. In the Metro, lemon can sell as high as 20 pesos per piece. MFA is now contemplating of converting the land into lemon plantation. Given the scenario, draw MFA's production possibilities frontier showing increasing opportunity cost of lemon production in terms of corn. Using a separate graph for each situation, show what would happen to the initial production possibilities frontier in each of the following- A. If MFA chooses to produce efficient outcome , producing equal number of corn and lemon B. If MFA increased 10% additional land for lemon production C. If MFA withhold 10% land of corn production and convert it to lemon production D. If the price of lemon increases to 25 pesos, so MFA allot more land for lemon plantation E. Pest attacked almost all the corn but not the lemon

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