1. Assume an economy is composed of 3 individuals: Walter, Gale, and Jessie. This economy's resources can be used to produce either big screen TVs or cups of coffee. The following table describes the productive capabilities of each person per week. TV production (with 0 Coffee production (with O TV coffee production) production) Walter 5 500 Gale 2 1000 Jessie 800 Construct a single PPC for this 3-person economy. Be sure to plot the points for the entire group (rather than each individual) and use the available resources in the most efficient manner possible (lower opportunity cost producers should produce a specific good before higher opportunity cost producers). Plot some of the points along the PPC rather than simply the endpoints. Show your work and explain the logic behind your process