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Tribe Of Natives On The Mythical Continent Of Atlantis 1. In ancient days, a tribe of natives on the mythical continent of Atlantis could produce two commodities to eat. They could harvest fish from the sea, and they could grow a form of wild oats. Table 1.a. and Graph 1.a. both show the maximum annual output combinations of fish and wild oats that the natives of Atlantis could produce. Table 1.a.

Maximum annual output options	Kilograms of fish	Bushels of wild oats
1	7,000	0
2	6,000	300
3	5,000	500
4	4,000	625
5	3,000	710
6	2,000	775
7	1,000	825
8	0	850

Graph 1.a. Could the Atlantis tribe have produced 800 bushels of wild oats and 5,000 kilograms of fish simultaneously? Explain why. (Enter your response here.) Tribe Of Natives On The Mythical Continent Of Atlantis Where would this point lie relative to the production possibility frontier? (Enter your response here.)

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Using Table 1.a., what would have been the marginal opportunity cost of increasing the annual output of wild oats by 200 bushels, from 300 bushels up to 500 bushels? (Enter your response here.) Using Table 1.a., what would have been the marginal opportunity cost of increasing the annual output of wild oats by 200 bushels, from 625 bushels up to 825 bushels? (Enter your response here.) Why are the marginal opportunity costs for two similar batches of 200 bushels of wild oats not the same? Explain. (Enter your response here.) Tribe Of Natives On The Mythical Continent Of Atlantis Step 1/3