Question: How to solve , Please show formula and also graphically explain all clearly i have to present this information with clarity and understanding of all

How to solve

,

Please show formula and also graphically explain all clearly i have to present this information with clarity and understanding of all the graphs and formulas in class so i need help for better knowledge.The book for reference is international trade theory and policy eleventh edition by Paul r krugman, Maurice obstfeld and Marc J Melitz

QUESTIONS

1 .

Using the given information, construct the Production Possibility Frontier

(

PPF

)

graphically and label it appropriately.

Q C + 3 Q F 3000

Capital constraint

Q C + Q F 2000

Labor constraint

2 .

How do levels of output change when the economy's resources change? Explain with the help of graph.

3 .

Home has

1, 200

units of labor available. It can produce two goods, apples and bananas. The unit labor requirement in apple production is

3,

while in banana production it is

2 .

.

Graph Home's production possibility frontier. b

.

What is the opportunity cost of apples in terms of bananas?

4 .

What happens to the allocation of labor and the distribution of income when the prices of food and cloth change?

.

An equal proportional change in prices

5 .

Using production possibility curve and value curve, graphically explain the production point in the specific Factor Model.

How to solve , Please show formula and also

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