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1. Suppose you must divide your time between studying for your biology final and writing a final paper in economics class. The time and grades

1. Suppose you must divide your time between studying for your biology final and writing a final paper in economics class. The time and grades in the two classes are as follows.

Table 1.

Choice Biology Grade Economics Grade Time Spent on Biology Course

A 95 0 100

B 90 40 80

C 80 60 60

D 60 75 40

E 45 85 20

F 0 90 0

1a. Draw a Production possibility curve graph using the above data in Table 1.

1b. Are there increasing opportunity costs from spending more time on Biology? Explain.

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