1. Kansas has the following production possibilities, in millions of bushels per year. Point on PPF Corn production Wheat production A 700 100 B 600 250 C 500 350 D 400 4-25 E 300 4-75 a] Draw the production possibilities frontier [PPF] with wheat on the horizontal axis and corn on the vertical axis. Label each production possibilities point. b] What is the opportunity cost of moving from point C to point D? c) As corn production increases, does this PPF illustrate increasing or decreasing opportunity costs of production