Q1)Thefollowing data provides some information about Alice's production possibilities:

Food (pounds per month)Sunscreen (gallons per month)

A. 600and0

B. 500and50

C. 300and100

D. 0and150

a) Draw a graph ofAlice's PPF.

b) If Alice produces 300 pounds of food per month how much sunscreen must it produce if it achieves production efficiency?

c) What isAlice's opportunity cost of increasing the production of food at point B?

d) What is Alice's opportunity cost of increasing the production of sunscreen at point B?