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Mars Venus Food Clothing Food Clothing 0 30 0 40 2 24 4 32 4 18 8* 24* 6* 12* 12 16 8 6 16

Mars Venus Food Clothing Food Clothing 0 30 0 40 2 24 4 32 4 18 8* 24* 6* 12* 12 16 8 6 16 8 10 0 20 0 Two nations, Mars and Venus, each produce food and clothing. The table above gives points on each nation's production possibilities curve. The asterisks indicate their current point of production. In Venus, the opportunity cost of the first unit of Mars Venus Food Clothing Food Clothing 0 30 0 40 2 24 4 32 4 18 8* 24* 6* 12* 12 16 8 6 16 8 10 0 20 0 Two nations, Mars and Venus, each produce food and clothing. The table above gives points on each nation's production possibilities curve. The asterisks indicate their current point of production. In Venus, the opportunity cost of the first unit of food is two units of clothing. food is eight units of clothing. clothing is four units of food. clothing is two units of food

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