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Design and analysis of the production possibilities curve In the study of this module, several basic concepts from the field of microeconomics were presented. Among these is the production possibilities frontier model and the circular flow diagram of an economy, which represents a simple model of the interrelation of all the components that interact and influence decision- making. Taking into consideration everything learned in the module, answer each of the questions presented in the exercise below, interrelating the concepts mentioned. Instructions Below is a table of production possibilities for a company that produces soda bottles and juice bottles (in thousands of units per week): IIIEIEIE IIIIEliEl Ilaean Answer the following questions based on the data in the table: 1. Represent this data on a graph. (4 points) Answer the following questions clearly and specifically. a. What specic assumptions are represented on this production possibilities curve? {6 points) b. If a company is at point C, what is the opportunity cost of an additional set of soda? From an extra juice box? (6 points) c. If the company characterized in this table produced T" sets ofS bottles of soda and 40 cases of 12juices, what could be concluded about the use of available resources? (6 points) d. Is it currently possible to produce at a point outside the production possibilities curve? Explain your answer. (6 points)