Answer questions 3 &4. Answer all parts please!!!

Question 3 (page 34-Principle of Microeconomics by Mankiw). An economy consists of three workers: Larry, Moe, and Curly. Each works 10 hours a day and can produce two services: mowing lawns and washing cars. In an hour, Larry can either mow one lawn or wash one car; Moe can either mow one lawn or wash two cars; and Curly can either mow two lawns or wash one car a. Calculate how much of each service is produced under the following circumstances, which we label A, B, C, and D: ' All three spend all their time mowing lawns. (A) - All three spend all their time washing cars. (B) - All three spend half their time on each activity. (C) ' Larry spends half his time on each activity, while Moe only washes cars and Curly only mows lawns. (D) b. Graph the production possibilities frontier for this economy. Using your answers to part 0:, identify points A, B, C, and D on your graph. c. Explain why the production possibilities frontier has the shape it does. d. Are any of the allocations calculated in part \"a \" inefficient? Explain. e. Explain about the slope of this diagram and if it is possible calculate the slope at least in one (or more) points. Question 4 Consider the market for apple. Draw its Circular-Flow diagram with explained details. Why this diagram is so important in Economics