Suppose you have 16 hours a day to divide between study and leisure. The remaining 8 hours are for sleeping. 1. Complete a production possible schedule showing your various choices between study and leisure. (2) Choice Leisure (hours) Study (hours) A 16 B 14 12 D 10 E 8 F 6 G 4 H I 2 0 2. On a graph, plot the relationship between study and leisure. Use the x-axis to represent hours of leisure and the y-axis to represent hours of study. (3) 3. Suppose you need 8 hours of leisure each day. Mark this choice E, on the graph. (1) 4. Suppose that exams are coming and you decide that you need 12 hours of study a day. Mark this choice G, on the graph. 5. What is the opportunity cost of each hour of leisure? (1) (1)