microeconomics

's you need to edit, it's safer to stay in Protected View. Enable Editing Unit 2: Problem Set Question 1 The economy of Scoob is capable of producing 2 goods only; cakes and buns. The table below different combinations of the two goods that it can produce Combinations Cakes Buns a 12 0 10 35 b 7 63 4 84 C 0 100 1. Draw a PPF for the economy of Scoob with cakes on the Y axis and buns on the X axis 11. Label combination a,b and c on your diagram If the economy of Scoob used all it resources to produce cakes how many cakes would it produce IV. If the economy of Scoob used all its resources to produce buns, how many bus would it pr V . If the economy of Scoob moves from combination a to combination b what is the opportu cost of one additional bun VI. If the economy moves from combination b to combination c what is the opportunity cost additional bun? Question 2 Halima gets a $ 15 gift from her mother for her birthday she can spend it on chocolate bars and peanuts. The price of one chocolate bar is $1.50 and the price of a bag of peanuts is $ 0.75. Complete the table below to show the possible combinations of the 2 goods that Halima can buy R n F Focus 3 W