Question: please do it correctly will be upvote draw diagram also Questions 1. Consider the diagram below. a. Hand-draw the diagram, and show how the feasible

please do it correctly will be upvote draw diagram also Questions

please do it correctly will be upvote draw diagram also

Questions 1. Consider the diagram below. a. Hand-draw the diagram, and show how the feasible frontier changes if there is an improvement in the technology of food production. b. If Angela is an independent farmer (so, she owns the land and starts at point C), use the concepts of income and substitution effects explain how the improvement might cause her optimal labour supply to either fall or rise. c. Show both outcomes, using a different colour for each. d. Which outcome (fall or rise) seems more consistent with real-world data concerning labour hours and technologv imbrovements

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