Question: please show the problem solving process, thank u Use figure 4.3 below to answer the questions that follow. The production of textiles is labour intensive

please show the problem solving process, thank u

please show the problem solving process, thank u Use figure 4.3 below

Use figure 4.3 below to answer the questions that follow. The production of textiles is labour intensive and the production of computers is capital intensive. ~ Textiles Figure 4.3 Nation 1's ppf Nation 2's ppf Computers a) Based on the production possibility frontiers in Figure 4.3, which nation is relatively capital abundant? (2 marks)~ b) Does the nation you chose in part a) necessarily have more capital? Give a reason for your answer. (3 marks) C) Use the ppf for Nation 1 in Figure 4.3 and community indifference curves to show the following. (5 marks) i) A likely equilibrium in autarchy. Label it as A. ii) A likely production point after trade. Label it as P. iii) A likely consumption point after trade. Label it as C. iv) Exports. Show the distance.~ v) Imports. Show the distance.~ d) Which nation has a higher w/r before trade? How will trade affect w/r in the 2 nations?~

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