Suppose that this year's corn sells for $100 per ton and next year's corn sells for $100 per ton as well. If the economy is currently going for point B, is it maximizing the profit next year? Explain.

.. . Pilot3 (1).pdf Page 2 of 2 Q Q 2 . @ Q Search Consider an economy where farmers produce and con- 1. XXX 8 Supp sume corn. Its PPF is sketched in figure I. ences are repres 100A Show that his pi 80 2. XXX 3x2 Su 42 units of time. 60 B C on the vertical corn consumption next year (ton) for the first and 40 20 O 10 20 30 40 45 50 corn consumption this year (ton)