2. Do the following in the context of the two good: two factor Heckscher-Ohlin model. Briey explain what it is you are showing on the diagram for each part of the question. a. (i) Draw unit value isoquants for food and clothing, where food is the capital intensive good. (ii) Draw a unit value isocost curve which is consistent with production of both goods. (iii) How do you interpret the slope of the isocost curve? (iv) Label the intercepts of the isocost culve. (v) Indicate the capital-labor ratio employed in production of each good. (vi) Draw a vector representing economy's capitalahor endowment ratio such that it is consistent with production of 1ooth goods. I). (i) Show what happens in your diagram from part a when the price of clothing rises. {ii} How are wages and the return to capital affected? [iii] What theorem does this illustrate? (iv) What happens to the capital- lahor ratio employed in production of each good