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(Solved): David and Morgan are farmers. Each one owns an 18-acre plot of land. The following table shows the a ...



David and Morgan are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of maize and squash each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing maize or squash or to produce maize on some of the land and squash on the rest.

\begin{tabular}{lcc}
\hline & Maize (Pounds per acre) & Squash (Pounds per acre) \\
\hline David & 28 & 7 \\
Morgan & 18 & 6

On the following graph, use the blue line (circle symbol) to plot David's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Morgan's PPF.

_David/Morgan_____ has an absolute advantage in the production of maize, and _David/Morgan__ has an absolute advantage in the production of squash. David's opportunity cost of producing 1 pound of squash is pounds of maize, whereas Morgan's opportunity cost of producing 1 pound of squash is ____ pounds of maize. Because David has a __Higher/lower__ opportunity cost of producing squash than Morgan, __ Morgan/David __ has a comparative advantage in the production of squash, and _david/Morgan_ has a comparative advantage in the production of maize.

\begin{tabular}{lcc} \hline & Maize (Pounds per acre) & Squash (Pounds per acre) \\ \hline David & 28 & 7 \\ Morgan & 18 & 6 \end{tabular}


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We have PPF table for David and Morgan .Each one has 18 acre of land to produce maize and Squash Solution - First of all we will calculate the opportu
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