# What will happen to the production possibility curve?

A co Show more Show all work and ALWAYS remember to label all graphs properly. Problem 1 (35 points) A country has the following production possibility table: Resources devoted to clothing % Output of clothing Resources devoted to food % Output of food 0 50 100 95 10 55 90 93 20 60 80 91 30 65 70 89 40 70 60 87 50 75 50 85 60 80 40 83 70 85 30 81 80 90 20 79 90 95 10 77 100 100 0 75 a. Draw the countrys production possibility curve. Please make sure to label your graph correctly. b. Whats happening to the trade-off between food and clothing. Illustrate with at least two examples using the data in the table above. c. If the country gets better at the production of clothing how would that change the production possibility curve? d. The country gets equally better at producing both food and clothing. What will happen to the production possibility curve? Show less

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