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Consider the market for 4WD cars. For each of the following events listed here, identify which of the determinants of demand or supply are affected. Also, indicate whether demand or supply is increased or decreased. Q6. What is a production possibility frontier?What do points along the frontier represent?What do points inside and outside the frontier represent?Why does the curve have a bow shape concave rather than a straight line?Q7. Watch the following video clip Comparative Advantage, Opportunity Cost, and Housework and answer the following questions. Link to video a84f5ffd 7f9f 4c2e 933d c585887a34c4%2F1%2Fa. In more detail than provide in the video explain how the opportunity cost of household chores has changed for men and for women. b. In more detail than provide in the video explain how the change in the opportunity cost of household chores has led to change in split in the chores between men and women. What is one explanation for men's share of the chores still being less than women's share?c.
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