(Solved): Ana is a talented artist who sells hand-crafted goods on her website. Ana currently crafts and sell ...

Ana is a talented artist who sells hand-crafted goods on her website. Ana currently crafts and sells both picture frames and pillows; She spends 8 hours a day working on crafts. The following table gives different daily output scenarios depending on how much of her time is spent on each good. On the following graph, use the blue points (circle symbol) to plot And's intial production possibilities frontier (PPF). On the followng graph, use the blue points (circle symbol) to plot Ana's initial production possibuties frontier (Pp), (7) Suppose Ana is currently using combination D, producing one picture frame per day. Her opportunity cost of producing a second picture frame per 4 is per day. Suppose Ana is currently using combination D, producing one picture frame per day. Her opportunity cost of producing a second picture frame per day per day. Now, suppose Ana is currently using combination $\mathrm{C}$, producing two picture frames per day. Her opportunity cost of producing a third picture frame per day is per day. From the previous analysis, you can determinthat as. Ana increases her production of picture frames, her opportunity cost of producing one more picture frame Suppose Ama buys a riew tool that enables her to produce twice as many picture frames per hour as before, but it doesh't affect her abulty to produce pillows. Use the green points (triangle symbol) to plot her new PPF on the previous graph. Becouse she can now make more picture frames per hour, Ana's opportunity cost of producing pillows is it was previously.