Point a 4m barrels oil 200 tonnes lumber point b 6m barrels, Econometrics

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Point a 4m barrels oil 200 tonnes lumber point b 6m barrels

Point A 4m barrels oil 200 tonnes lumber
Point B 6m barrels oil 150 tonnes lumber

a) If we had a PPF with the goods oil and lumber, how would be measure the MC of oil between points A and B ?
B) What would be the MB of lumber in this example?
c) If we move between two points A and B on a PPF, what is the opportunity cost of oil?

let a unit of oil = 1 million barrels and 1 unit of lumber = 100 tonnes

D) As the oil is used up it becomes harder to access (more resources have to be used to get the oil) how would this affect the PPF?

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Econometrics: Point a 4m barrels oil 200 tonnes lumber point b 6m barrels

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