Use the table below to draw a production possibilities frontier for a society that faces a tradeoff between current and future consumption. Upload your drawing as a jpeg, png, word, excel, or pdf file. Quantity of Resources Reserved for Quantity of Resources Consumed the Future (Tons) Today (Tons) 30 0 28 8 24 17 18 27 10 38 0 50 The table below represents the production possibilities frontier for a society that faces : tradeoff between current and future consumption. Is it possible for this society to const 25 tons of resources and reserve 25 tons of resources for the future? Quantity of Resources Reserved for Quantity of Resources the Future (Tons) Consumed Today (Tons) 30 0 28 8 24 17 18 27 10 38 0 50 @ No. O Yes. The table below represents the production possibilities frontier for a society that faces a tradeoff between current and future consumption. Is it possible and/or efficient for this society to consume 38 tons of resources today and reserve 5 tons for the future? Quantity of Resources Reserved for Quantity of Resources the Future (Tons) Consumed Today (Tons) 30 0 28 8 24 17 18 27 10 38 0 50 O It is possible but not efficient. O It is both possible and efficient. O It is impossible.The table below represents the production possibilities frontier for a society that faces a tradeoff between current and future consumption. If society is currently consuming 27 tons of resources, what is the opportunity cost of reserving an additional 10 tons of resources for the future? Quantity of Resources Reserved for Quantity of Resources the Future (Tons) Consumed Today (Tons) 30 0 28 8 24 17 18 27 10 38 0 50 (O current consumption of 19 tons of resources (O future consumption of 18 tons of resources (O current consumption of 8 tons of resources (O future consumption of 27 tons of resources The table below represents the production possibilities frontier for a society that faces a tradeoff between current and future consumption. Suppose innovations in solar energy storage make both current consumption of resources and reservation of future resources more efficient. What will happen to the production possibilities frontier? Quantity of Resources Reserved for the Future | Quantity of Resources Consumed Today (Tons) (Tons) 30 0 28 8 24 17 18 27 10 38 0 50 @ The PPF will shift outward along both axes. (O The PPF will shift inward on both axes. (O The PPF will shift outward on the current consumption axis but not the future axis. O The PPF will shift outward on the future consumption axis but not the current consumption axis