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A B 950 C 850 700 D E 400 W F X 100 200 300 400 The figure above illustrates Mary's production possibility frontier (PPF). Select 'T' if the statement is true and 'F' if the statement is false.Price per Unit H $2.00 $1.00 IF D' D 10 20 QuantityArthur and Ben labor hour requirement for producing a unit of steel and a unit of broom is shown in table below Steel Brooms Arthur 3 hours 2 hours Ben 8 hours 1 hour Select 'T' if the statement is true and 'F' if the statement is false.Scenario: The demand for books is: Qd = 120 - P The supply of books is: Qs = 5P Refer to the scenario and choose 'T' if the statement is true and 'F' if the statement is false