Question: 18. For each part below, draw a PPC for Utopia, a country that produces only sandals and sneakers. Explain what will happen to Utopia's PPC

 18. For each part below, draw a PPC for Utopia, a

18. For each part below, draw a PPC for Utopia, a country that produces only sandals and sneakers. Explain what will happen to Utopia's PPC in each of the following situations. a. Utopia wins a war with neighboring Nirvana and takes over all of Nirvana's land and resources. C '2) b. Utopia's population suffers an epidemic that wipes out a large portion of working-age adults. C 12) c. Utopia runs out of oil, a key resource in the production of both sandals and sneakers. ( 2'2) (:1. Utopia experiences a recession with a sluggish economy and high unemployment ( f2) 9. Utopia's students receive better education and increase their human capital. [ f2]

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