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2. Comparative and absolute advantage Elijah and Aneesha are farmers. Each one owns a 12-acre plot of land. The following table shows the amount of
2. Comparative and absolute advantage Elijah and Aneesha are farmers. Each one owns a 12-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. Zucchini Watermelon (Pounds per acre) (Pounds per acre) Elijah 24 Aneesha On the following graph, use the blue line (circle symbol) to plot Elijah's production possibilities frontier (PPF), and use the purple line ( diamond symbol) to plot Aneesha's PPF. (?) 120 108 Elijah's PPF Aneusha's PPF WATERMELON (Pounds) 60 120 180 240 300 360 420 480 540 600 ZUCCHINI (Pounds) has an absolute advantage in the production of zucchini, and has an absolute advantage in the production of watermelon. Elijah's opportunity cost of producing 1 pound of watermelon is pounds of zucchini, whereas Aneesha's opportunity cost of producing 1 pound of watermelon is pounds of zucchini. Because Elijah has a opportunity cost of producing watermelon than Aneesha, has a comparative advantage in the production of watermelon, and has a comparative advantage in the production of
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