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Possible Output Combination 64 52 Papayase 38 20 20 40 60 80 100 120 140 160 Oranges b. Suppose the Fruit Farm is currently producing
Possible Output Combination 64 52 Papayase 38 20 20 40 60 80 100 120 140 160 Oranges b. Suppose the Fruit Farm is currently producing at point F. What is the opportunity cost of producing an additional 20,000 kilos of oranges? (5pt) c. Suppose the Fruit Farm is plagued by a maggot infestation which destroys orange trees but not papayas. Explain with a graph what happens to the PPF. (Spt) d. Which of the possible output combinations represent the lowest opportunity cost for one thousand kilo of papayas? Show your calculation to support your answer. (Opt)le 1 Boswell Fruit Farm Oranges Papayas Possible Output (thousands of Combinations thousands of kilos) kilos) A 140 120 20 C 100 38 D 80 52 60 64 F 40 74 G 20 80 H 0 82
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To address the questions in detail lets take them one by one b Opportunity Cost of Producing Additional Oranges at Point F Suppose the Fruit Farm is currently producing at point F 40000 kilos of orang...Get Instant Access with AI-Powered Solutions
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