Instructions

Click on the link below read the intro for the article and watch the video, "How the Coronavirus Pandemic Is Changing the Way We Commute. (7:16)" Afterward, answer the questions below. Post your answers/responses by2/2, 11:59pm and reply to at least one of your peers' posts by 2/4, 11:59pm.When you post answers/responses in the reply box, please list which question you are answering (e.g., Q1, Q2,).

https://www.wsj.com/articles/covid-19-pandemic-likely-improved-your-commute-to-work-11609669801

(Links to an external site.)

1. A production possibilities frontier (PPF) is a curve that illustrates the maximum alternative combinations of two goods that can be produced with a nation's or a firm's available resources and technology. If the amount of time workers need to commute to their jobs decreases, explain how this could affect a firm's PPF.
2. Before the coronavirus...it took... DarthECON an hour to commute to work. When the pandemic eases, DarthECON expects lighter traffic will shave 15 to 30 minutes off that drivetime DarthECON can spend playing Star Wars monopoly or coaching his favorite sport--basketball..."What is the opportunity cost of the time it takes for DarthECON to commute to work? Explain.
3. Is an interstate highway a public good? Explain why the highway is or is not (a) nonrival, and (b) nonexcludable. For these last two terms, (a) nonrival, and (b) nonexcludable, your going to have to look it up and explain them.