Question: 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

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 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)

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