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Hello, I have successfully added my answers but the very last question at the bottom I am not sure how to do it. Would you
Hello, I have successfully added my answers but the very last question at the bottom I am not sure how to do it. Would you please help me with that, thank you.
An economy consists of three workers: Kevin, Rajiv, and Yakov. Each works 10 hours a day and can produce two services: mowing lawns and washing cars. In an hour, Kevin can either mow 1 lawn or wash 1 car; Rajiv can either mow 1 lawn or wash 2 cars; and Ln 1, Col 297 100% Windows (CRLF) UTF-8 For each of the scenarios listed in the following table, determine how many lawns will be mowed and how many cars will be washed per day and enter these values into the corresponding row. Scenario Lawns Mowed Cars Washed All three spend all their time mowing lawns. (A) All three spend all their time washing cars. (B) All three spend half their time on each activity. (C) 20 Kevin spends half his time on each activity, while Rajiv only washes cars and Yakov only 25 25 mows lawns. (D) In the following table, identify the opportunity cost of washing cars for each worker. Worker Opportunity Cost of Washing Cars Kevin 1 lawn per car Rajiv 1/2 lawn per car Yakov 2 lawns per car Assume that the resources bears arvice and that as the economy moves down along the production possibilities ansferred from mowing lawns to washing cars. Using the blue points (circle symbol), graph the prodd this economy on the following graph. Then use the black point (plus bint (square symbol) to identify point C, and the purple point (diamond symbol) to identify point D on the graph (?) Quantity of Lawns Moved 10 15 20 25 30 35 40 45 80 Quantity of Cars Washed True or False: The production possibilities frontier consists of straight-line segments, rather than being smoochly bowed outward throughout, because each worker faces a constant trade-off between mowing lawns and washing cars. O True False Indicate whether each of the following allocations is efficient or inefficient. Allocation Efficient Inefficient O B O o O D 0Step by Step Solution
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