How do you do parts a through d

LO1-2 8. Suppose either computers or televisions can be assembled with the following labor inputs: Units produced Total labor used 7 12 15 25 33 42 54 70 10 90 (a) Draw the production possibilities curve for an economy with 42 units of labor. Label it P42. (b) What is the opportunity cost of the sixth computer? (c) Suppose immigration brings in 28 more workers. Redraw the production possibilities curve to reflect this added labor. Label the new curve P70. (d) Suppose advancing technology (e.g., the miniaturization of electronic circuits) increases the productivity of the 70-laborer workforce by 10 percent. Draw a third production possibilities curve (PT) to illustrate this change. 12 11 10 TELEVISIONS A No 0 1 2 3 4 5 6 7 8 9 10 11 12 COMPUTERS