Prepare the following exercise:

The Sunland company has the following production possibilities:

Food (Pounds per month)

Sunscreen (gallons per month)

300

and

0

200

and

fifty

100

and

100

0

and

150

Sketch the graph of the production possibilities frontier. What is the firm's opportunity cost of producing 1 pound of food? What is the firm's opportunity cost of producing 1 gallon of sunscreen?