Refer to Figure 3-2. The fact that the line slopes downward reflects the fact that Figure 3-2 Brazils production possibilities frontier curve of Cashews versus Peanuts. It is a straight line connecting point (0, 240) to point (8, 0). Question 3Answer a. For Brazil, it is more costly to produce peanuts than it is to produce cashews b. Brazil faces a trade-off between producing peanuts and producing cashews c. Brazil will produce more peanuts and fewer cashews as time goes by d. Brazil should specialize in producing cashews