III. Suppose Robinson Crusoe's production possibility frontier (PPF) is a straight line with slope equal to 0.9 in absolute value. A. If dynamic efficiency is attained and Crusoe is not impatient: 1. What is the value of his RTP? Explain why. 2. Explain why the growth rate of consumption will be negative. B. If Crusoe is impatient; explain what effect this would have on: 1. The dynamically efficient amounts of Zo and Z1. 2. His RTP, C. Explain why having the same RTP whether he is patient or impatient is consistent with the formula RTP = a + b(dz/dt). uolto-$300 in III. Suppose Robinson Crusoe's production possibility frontier (PPF) is a straight line with slope equal to 0.9 in absolute value. A. If dynamic efficiency is attained and Crusoe is not impatient: 1. What is the value of his RTP? Explain why. 2. Explain why the growth rate of consumption will be negative. B. If Crusoe is impatient; explain what effect this would have on: 1. The dynamically efficient amounts of Zo and Z1. 2. His RTP, C. Explain why having the same RTP whether he is patient or impatient is consistent with the formula RTP = a + b(dz/dt). uolto-$300 in