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For Questions 10 through 12, consider a society with four workers (Liam, Noel, Bonehead, and Tony) who spend their workdays producing two goods (Cigarettes and

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For Questions 10 through 12, consider a society with four workers (Liam, Noel, Bonehead, and Tony) who spend their workdays producing two goods (Cigarettes and Alcohol). Their daily "piecewise linear" Production Possibilities Frontier (i.e., four "straight-line" segments) is illustrated below. Points on the frontier between "B" and "C" are obtained as Liam switches his time away from Alcohol production toward Cigarette production. Likewise: points between "C" and "D" are obtained as Noel reallocates his time; points between "D" and "E" are obtained as Bonehead reallocates his time; and points between "E" and "F" are obtained as Tony reallocates his time. Alcohol 260- B 235- 165- A 65- E - Cigarettes 135 335 470 500 10 Output attainable but inefficient. combination "A" is combinations "B" and "F" are combinations "C," "D," and "E" are D. combination "G" is 11 If each worker produced only Alcohol, could produce the most in a single day . A. Liam Noel Bonehead Tony 12. has the highest Opportunity Cost for producing Cigarettes. Liam Noel Bonehead Tony MacBook Air

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