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Choiceland has 250 workers and produces only two​ goods, X and Y. Labour is the only...

Choiceland has 250 workers and produces only two​ goods, X and Y. Labour is the only factor of​ production, but some workers are better suited to producing X than Y​ (and vice​ versa). The table below shows the maximum levels of output of each good possible from various levels of labour input. Number of Workers Producing X Annual Production of X Number of Workers Producing Y Annual Production of Y 0 0 250 1300 50 20 200 1200 100 45 150 900 150 60 100 600 200 70 50 350 250 75 0 0

a. Draw the production possibilities boundary for Choiceland on a scale​ diagram, with the production of X on the horizontal axis and the production of Y on the vertical axis. Use the multipoint curve drawing tool to draw a new production possibilities boundary on the graph on the​ right, reflecting the change in the infrastructure. Properly label this curve. Make sure to plot a point for every point on the boundary. Carefully follow the instructions​ above, and only draw the required objects.

b. Compute the opportunity cost of producing an extra 15 units of X if the economy is initially producing 45 units of X and 900 units of Y.

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