The table below shows the production possibilities of a small Pacific Islandeconomy..Production Bundle Fish (kilos) Berries (kilos)Production bundleabcdef fish (kilos XXXXXXXXXXberries(kilos...


The table below shows the production possibilities of a small Pacific Islandeconomy..Production Bundle Fish (kilos) Berries (kilos)Production bundleabcdef fish (kilos)012345 berries(kilos)2018151160 Can this economy produce 2 kilos of fish and 18 kilos of berries? Explain why orwhy notWhat is the opportunity cost of increasing the production of fish from 3 kilos to 4kilos if production is efficient?c) Describe how the opportunity cost of producing fish changes as the quantity offish produced increases? Provide an explanation for your observation.



May 15, 2022
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