A1) The opportunity cost of moving from point a to b is that you"ll lose 5 guns but gain 1 butter. Going from point b to c is that you"ll lose another 5 guns and gain 1 more butter. From C to D you"ll lose another 5 guns which makes that 15 total and add 1 more butter making that 3. D to E you"ll lose another 5 guns and gain another butter making the 10 guns and 3 butter. Going to e to f you"ll lose another 5 guns making it 0 guns and gain another butter making that 5 butter.
2) The opportunity cost is decreasing. As you move down the chart you"ll lose more guns but gain more butter. I know by the graph's line, its in a slope form where your losing one thing but gaining more of the other object.
3) Point H represents a shortage while point G represents a surplus. It is possible to produce either of them. To produce h all that needs to be done is to sell the objects below equilibrium and to produce g selling the products above equilibrium will cause that effect.
4) The assumptions of the PPF model is that it's a fixed grapgh.
5) If we were producing at point d and were technologically advance this graph might change a little bit where you get more of that item because you can probably get more of the same item with the same amount of money invested.
B 1)The opportunity cost of moving from point a to b is that you"ll be losing .5 guns. From b-c you"ll lose .5 also. From c-d you"ll lose 3 guns but get 3 butters. D-E you"ll lose 5 guns and have 4 butters. E-F you get no guns but gain 5 butter.
2) In my opinion the model is decreasing. The model just decreases and every time you drop a point you"ll gain a butter but the rate of the guns vary. .
3) This model exhibits scarcity on how the demand of butter gets the cost of guns goes lower till theres no more guns. For the opportunity cost the more guns you demand the less better you"ll receive and vice versa.
4) I believe that model does represents the "best" production mix.
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