Question 1. Production Possibility Frontier and Opportunity Cost [Ch.2,3] Cowcowland is a community that produces two goods, cheese and milk. The following table describes the production possibility frontier (PPF) for Cowcowland during 2018. Assume the PPF is linear between the points listed in the table. Points on PPF Milk (Gallons) Cheese (Pounds) A 0 100 B 30 95 C 40 85 D 75 6 E 77 0 a. [graphing question] Draw a graph of Cowcowland's PPF for 2018 based on the information contained in the table. In your graph, measure cheese (C) on the vertical axis and milk (M) on the horizontal axis. (1 mark) Question 2. Comparative Advantage [Ch.3] In country A, 20 workers can/are able to produce a flat screen TV and 10 workers can produce a laptop computer in one day. In country B, 15 workers can produce a flat screen TV and 10 workers are able to produce a laptop computer. Each country has 120 workers available each day. a. [graphing question] Sketch the PPF of each country for one day's worth of production/manufacture. Prepare a separate graph for each country. In your graphs measure flat screen TVs on the horizontal axis and laptop computers on the vertical axis. Carefully label each graph with the respective country's name. Label the horizontal and vertical axis as well. (0.5 mark) e. [graphing question] Sketch the combined PPF (joint PPF) of these two countries in a graph with laptop computers measured on the vertical axis and flat screen TVs measured on the horizontal axis. (1 mark)