use the figures below to answer the following questions :the production possibilities frontiers (PPFs) for two people who can allocate the same amount of time between building wooden boats and solving crimes.
-What is Gibbs's opportunity cost of making a wooden boat?
Definitions:
Predetermined
Established or decided in advance, not occurring by chance.
Aristotle
An ancient Greek philosopher and scientist, a student of Plato and teacher of Alexander the Great, whose writings covered many subjects and laid the groundwork for much of Western philosophy.
Friendships
Relationships between people based on mutual affection, trust, and support, not necessarily involving romantic or familial ties.
Material Acquisitions
The process of obtaining physical objects or possessions, often seen as a means of achieving status or happiness.
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