Projects Alone Were next going to look at the case where there is no bank and there are only productive opportunities or projects that allow him to transfer wealth from his youth to hi Bill fancies himself as an entrepreneur and sits down to work out what investments he can make. He ranks them in terms of profitability with the most profitable being first and the least profitable last C OA Production Possibility urve 34M A+B 2M A 86.MC Project A Bill is a wine lover. He estimates that a small vineyard that has recently come on the market will cost him $50,000 now and will yield him $200, 000 for his old age. This is the best project he can think of. Hence, if he invests just $50,000 in this project and consumes $950.000 now. he can still consume $200.000 in his old age Proiect B Bill is also a gourmet. The next best project he can think of is to run a restaurant in the town he lives in. He reckons for a $100,000 outlay now he can get $140,000 in his old5 Projects Alone We're next going to look at the case where there is no bank and there are only productive opportunities or projects that allow him to transfer wealth from his youth to his old age. Bill fancies himself as an entrepreneur and sits down to work out what investments he can make. He ranks them in terms of profitability with the most profitable being first and the least profitable last. Project A Bill is a wine lover. He estimates that a small vineyard that has recently come on the market will cost him $50,000 now and will yield him $200,000 for his old age. This is the best project he can think of. Hence, if he invests just $50,000 in this project and consumes $950,000 now, he can still consume $200,000 in his old age. Project B Bill is also a gourmet. The next best project he can think of is to run a restaurant in the town he lives in. He reckons for a $100,000 outlay now he can get $140,000 in his old