c) Is your analysis in part b) above, consistent with textbook figure 2.18 explain why or why not. 5 14905 1.205 m U1 8' 13105 91 v! Realwage index {1860 = 100) 40 Population (millions) d) Consider the Malthusian model with workers who face the law of diminishing average product of labor as in two diagram Malthusian and land owners who own the limited supply of land who receive rental income from the land. What happens relative economic position of landowners as the population decreases and increases? What does this imply about the relative income of landowners as the population increases? 12) Use the two diagram Malthusian to explain how the Industrial Revolution allowed England and other countries (such as the United States) to escape from the Malthusian Trap