Use the above graph to construct a production possbililites, Business Economics

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Use the above graph to construct a production possbililites

Combination Corn Paper

A 0 6

B 18 5

C 33 4

D 45 3

E 54 2

F 60 1

G 63 0

1. Use the above graph to construct a production possbililites curve placing corn on vertical axis and paper on the horizontal axis.

2. What is the marginal opportunity cost of producing the first unit of paper? The marginal opportunity cost of producing the fourth unit of paper?

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Business Economics: Use the above graph to construct a production possbililites

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Business Economics: Use the above graph to construct a production possbililites

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