The figure at right shows a production possibilities curve (PPC) for Joe. He can spend his time making pizzas or chocolate cakes. Using the information in the figure, calculate Joe's opportunity cost of producing one pizza and his opportunity cost of producing one chocolate cake. Remember that the opportunity cost is how much of one good must be given up to produce one more unit of the other good. Joe's opportunity cost of producing one pizza is chocolate cake(s). (Round your response to one decimal place.) Joe's opportunity cost of producing one chocolate cake is |:| pizza(s). (Round your response to one decimal place.) Joe's friend Samantha also makes pizzas and chocolate cakes. The figure at right shows the PPC for Samantha. Using the information in the figure, calculate Samantha's opportunity cost of producing one pizza and her opportunity cost of producing one chocolate cake. Samantha's opportunity cost of producing one pizza is chocolate cake(s). (Round your response to one decimal place.) Samantha's opportunity cost of producing one chocolate cake is D pizza(s). (Round your response to one decimal place.) Samantha's little brother Rahul is also able to make pizzas or chocolate cakes, and he is equally good at each. His opportunity cost of producing either pizza or cake is one unit of the other good. 1.) Using the line drawing tool, draw an example of what Rahul's PPC would look like. Properly label your line. Joe's PPC Q 45 Q 40 = 35 > g ] 5 30 Q. B 25 o e | 2 B " @ N N o 0 5 10 15 20 25 30 35 40 45 Cakes produced per day Samantha's PPC Q 45 Q 40 /' 35 2 30 er day The figure at right shows a production possibilities curve (PPC) for Joe. He can spend his time making pizzas or chocolate cakes. Using the information in the figure, calculate Joe's opportunity cost of producing one pizza and his opportunity cost of producing one chocolate cake. Remember that the opportunity cost is how much of one good must be given up to produce one more unit of the other good. Joe's opportunity cost of producing one pizza is one decimal place.) chocolate cake(s). (Round your response to Joe's opportunity cost of producing one chocolate cake is |: pizza(s). (Round your response to one decimal place.) Joe's friend Samantha also makes pizzas and chocolate cakes. The figure at right shows the PPC for Samantha. Using the information in the figure, calculate Samantha's opportunity cost of producing one pizza and her opportunity cost of producing one chocolate cake. Samantha's opportunity cost of producing one pizza is D chocolate cake(s). (Round your response to one decimal place.) Samantha's opportunity cost of producing one chocolate cake is response to one decimal place.) pizza(s). (Round your Samantha's little brother Rahul is also able to make pizzas or chocolate cakes, and he is equally good at each. His opportunity cost of producing either pizza or cake is one unit of the other good. 1.) Using the line drawing tool, draw an example of what Rahul's PPC would look like. Properly label your line. Carefully follow the instructions above and only draw the required object. Pizzas produced per day 104 0 ed per day w w B S o n o o N o Samantha's PPC A 5 10 15 20 25 30 35 40 45 Cakes produced per day 0 Rahul's PPC 0 The figure at right shows a production possibilities curve (PPC) for Joe. He can spend his time making pizzas or chocolate cakes. Using the information in the figure, calculate Joe's opportunity cost of producing one pizza and his opportunity cost of producing one chocolate cake. Remember that the opportunity cost is how much of one good must be given up to produce one more unit of the other good. Joe's opportunity cost of producing one pizza is one decimal place.) chocolate cake(s). (Round your response to Joe's opportunity cost of producing one chocolate cake is one decimal place.) pizza(s). (Round your response to Joe's friend Samantha also makes pizzas and chocolate cakes. The figure at right shows the PPC for Samantha. Using the information in the figure, calculate Samantha's opportunity cost of producing one pizza and her opportunity cost of producing one chocolate cake. Samantha's opportunity cost of producing one pizza is :l chocolate cake(s). (Round your response to one decimal place.) Samantha's opportunity cost of producing one chocolate cake is response to one decimal place.) pizza(s). (Round your Samantha's little brother Rahul is also able to make pizzas or chocolate cakes, and he is equally good at each. His opportunity cost of producing either pizza or cake is one unit of the other good. 1.) Using the line drawing tool, draw an example of what Rahul's PPC would look like. Properly label your line. Carefully follow the instructions above and only draw the required object. Pizzas Now oW B A T 9 9 Pizzas produced per day 3 1 5 10 15 20 25 30 35 40 45 Cakes produced per day o Rahul's PPC Jo) T T T T 5 10 15 20 25 30 35 40 45 Cakes produced per day