1. (6pts) Assume country X only produces only two goods, capital goods and consumer goods. Draw a properly labeled production possibilities curve for country X. On your PPC, plot and label the following: A maximally efficient point of production b. An inefficient point of production C. An infeasible point of production d. A point of production that will result in the most long-term growth 2. (2pts) Assume country Y only produces only two goods, beer and pretzels. Draw a properly labeled production possibilities curve for country Y. Assume there is a technological innovation affecting the production of pretzels. Illustrate the effect of this innovation on your PPC (2pts) 3. (2pts) Assume country Z only produces only two goods, unicorns and spam. Draw a properly labeled production possibilities curve for country Z. Assume there is a horrible disease that affects unicorn ranching. Illustrate the effect of this disease on your PPC