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Use the information listed in the table to calculate the opportunity cost of increasing missile production and then grap the production possibilities curve. a. Calculate
Use the information listed in the table to calculate the opportunity cost of increasing missile production and then grap the production possibilities curve. a. Calculate the opportunity cost of increasing missile production (in 50 missile increments) based on the following information: Instructions: Enter your responses as a whole number. Possible Output Combinations Output per B D E F Month Missiles 0 50 100 150 200 250 Houses 100 90 75 55 30 0 Opportunity cost of increasing missile production (in houses). b. Using the information presented in the table above, graph the production possibilities with missiles on the horizontal axis and houses on the vertical axis. Instructions: Use the tool provided 'PPC' to plot the production possibilities curve (plot 6 points total). Production Possibilities Curve 120 Tools 110 100 ( /) 90 PPC Houses(per month) 68868388 50 100 150 200 250 300 O Missiles(per month)
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