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3. Say the only factor of production is labor, there are 2 goods (coffee and iPhones). Say home has 100 workers and an MPL of 2 in coffee and 1 in iPhones. [13 points, 9 minutes] a. draw the PPF, indifference curve, and no trade equilibrium (put coffee on the y axis) b. say home starts trading with a country that has an MPL of 3 in each industry. Draw on a world price, new production and new consumption at home (use the same gure, just label the new outcomes) c. explain what home imports and exports. d. Why does home export despite lower productivity in both industries