Question: Iti-sin-prod.instructure.com A 53:24 Time Return Remaining Submit 2 9 points The table below shows four production possibilities for airplanes and ships. Production Airplanes Ships possibility

Iti-sin-prod.instructure.com A 53:24 Time Return Remaining Submit 2 9 points The table below shows four production possibilities for airplanes and ships. Production Airplanes Ships possibility (units) (units) A 100 O B 80 20 C 50 40 D 0 60 Based on the table above, a) Calculate the marginal rate of transformation. (4 marks) b) illustrate the opportunity cost by using a production possibility curve. (3 marks) c) Suppose that there is an increase in resources, affecting both production. By using the same diagram in (b), illustrate the effect. (2 marks) 1 Dragn' Drophere or Browse

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Time Return Remaining Submit 2 9 points The table below shows four production possibilities for airplanes and ships. Production Airplanes Ships possibility (units) (units) A 100 O B 80 20 C 50 40 D O...

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