1. The following table lists maximum combinations of salmon and trout that can be farmed by fisherman Jack when he uses all his resources. combination Trout Salmon A 21 0

1. The following table lists maximum combinations of salmon and trout that can be farmed by
fisherman Jack when he uses all his resources.
combination
Trout
Salmon
A
21
0
B
20
10
C
18
20
D
14
30
E
8
40
0
50
(i)
Using the data above, draw the production possibility frontier (PPF) for fisherman Jack
(5 marks)
(ii)
Explain what point B, shows. Full answer required.
(2 marks)
(iii)
Assume that initially Jack is using more resources to produce trout and he is producing
at point C. Now Jack decided to produce the combination E. Explain what is happening
here. Calculate the opportunity cost of Jack.
(3 marks)

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