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(Solved): David and Moroan are farmers, Each one owns an 18 -acre plot of land. The following table shows the ...
David and Moroan are farmers, Each one owns an 18 -acre plot of land. The following table shows the amount of zucchini and watermelon each farmer can produce per year on a given acre. Each farmee chooses whether to devote all acres to producing zucchini or watermelon or to-produce zucchini on some of the land and watermelon on the rest.
On the followine waph, use the bilwe line (cercle symbol) to plot Davids production possitulities frontier (P9y), and use the purpie line (diamonid symborl to piot Morgan's PAF.
has an absalute advantage in the nroduction of zucchini, and has an absolute advantage in the production of watermeton. David's opportunity cost of producing 1 pound of watermelon is. pounds of zucchind, whereas Morgan's opportunity cost of producing I : pound of watectnelon is pounds of zucchini. Because David has a opportunlty cost of producing watermelon than Morgan, has a comparative advaritage in the production of watermeloni and has a comparative advantage in the production of zucchini.