Economics 103

*you have two questions
*pleas check rubber
1). A farmer grows wheat and produces pork. The marginal cost of producing each of these products increases as more of it is produced.
1.Draw a graph that illustrates the farmer’s PPF.
2.Suppose the farmer adopts a new technology that allows it to use fewer resources to fatten pigs. On your graph sketch the impact of the new technology on the farmer’s PPF.
2) Draw a PPF based on the data below.
Food(pounds per month)

Sunscreen(gallons per month)
300
and
0
200
and
50
100
and
100
0
and
150