country, hand sanitizer (cases per day), face masks (cases per day), china, 160, 80, united states, 120, 40…

country, hand sanitizer (cases per day), face masks (cases per day), china, 160, 80, united states, 120, 40. given the information in the table, use the line - drawing tool to draw the production possibilities frontier (ppf) for the united states. assume that opportunity costs are constant. ppf for the united states, hand sanitizer (cases), face masks (cases). part 2 (2 points) in the united states, the opportunity cost (oc) for one case of masks is cases of hand sanitizer. in china, the opportunity cost for one case of masks is cases of hand sanitizer.

country, hand sanitizer (cases per day), face masks (cases per day), china, 160, 80, united states, 120, 40. given the information in the table, use the line - drawing tool to draw the production possibilities frontier (ppf) for the united states. assume that opportunity costs are constant. ppf for the united states, hand sanitizer (cases), face masks (cases). part 2 (2 points) in the united states, the opportunity cost (oc) for one case of masks is cases of hand sanitizer. in china, the opportunity cost for one case of masks is cases of hand sanitizer.

Answer

Explanation:

Step1: Recall opportunity - cost formula

Opportunity cost of masks in terms of hand - sanitizer = $\frac{\text{Change in hand - sanitizer production}}{\text{Change in mask production}}$

Step2: Calculate opportunity cost for the United States

The United States can produce 120 cases of hand - sanitizer and 0 cases of masks or 0 cases of hand - sanitizer and 40 cases of masks. So, the opportunity cost of one case of masks is $\frac{120 - 0}{0 - 40}=- 3$. Ignoring the sign (since opportunity cost is a positive quantity representing a trade - off), the opportunity cost of one case of masks is 3 cases of hand - sanitizer.

Step3: Calculate opportunity cost for China

China can produce 160 cases of hand - sanitizer and 0 cases of masks or 0 cases of hand - sanitizer and 80 cases of masks. So, the opportunity cost of one case of masks is $\frac{160 - 0}{0 - 80}=- 2$. Ignoring the sign, the opportunity cost of one case of masks is 2 cases of hand - sanitizer.

Answer:

In the United States, the opportunity cost (OC) for one case of masks is 3 cases of hand - sanitizer. In China, the opportunity cost for one case of masks is 2 cases of hand - sanitizer.