1. Assume that a small economy faces the different production possibilities below. Onion (in metric tons) n 128,520 214,200 282,744 334,152 359,856 385,560 Wheat (in metric tons) 342,138 322,593 293,375 244,413 176,005 97,825 PROBLEMS: 1. Plot the production possibilities frontier. Place the amounts of wheat and onion production on the y-axis and x-axis respectively. a. Label each combination as points A, B, C, ..., G. and the graph as PPF, 2. Solve for the marginal rate of transformation (M RT) for combinations A > B; B > C; C > D; D > E; E > F; and F > G. Round-up to two decimals and show complete solutions. Interpret the MRT for B>C and F>G. Does PPF show tradeoff? Explain. PPF shows constant opportunity costs. True or False? Justify. ! Illustrate the following effects on the graph on A. a. The government supported wheat farmers by granting them subsidies. Label this as PPF2. b. A strong typhoon landed on the wheat and onion elds. Label this as PPF3