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1.Suppose the government builds and staffs a hospital in order to provide free medical care. a)What is the opportunity cost of the free medical care?

1.Suppose the government builds and staffs a hospital in order to provide "free" medical care.

a)What is the opportunity cost of the free medical care?

b)Is it free from the perspective of the society as a whole?

2.Suppose that an economy has the PPF shown is the following table.

Possibility Maximum units of Maximum units of butter per week guns per week A 200 0 180 60 C 160 100 100 160 E 40 200 220

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