2. The Production possibilities frontier a)Farmers PPF (b)Ranchers Meat Meat (ounce) If there is no trade, (ounce) If there is no trade the farmer chooses the rancher chooses this production and 24 this production and consumption 8 consumption A 12 16 32 Potatoes 24 48 Potatoes (ounce) (ounce)2.The Production Possibilities Frontier Meat (ounce) Potatoes (ounce) 8 4 0 16 32 A Potatoes (ounce) 24 12 0 24 48 Meat (ounce) (a) Farmer’s PPF (b) Rancher’s PPF B If there is no trade, the farmer chooses this production and consumption. If there is no trade, the rancher chooses this production and consumption