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6g. Suppose a natural disaster like Hurricane Ernesto cost a state $25 billion dollars in damages to personal and business properties, particularly in the rye
6g. Suppose a natural disaster like Hurricane Ernesto cost a state $25 billion dollars in damages to personal and business properties, particularly in the rye bread and egg business industries. As a result of this scenario, will the PPF curve shift inward or outward? Would we produce less or more of both rye bread and eggs? Please explain using words and a new graph. Draw PPF1 as the old graph and PPF2 as the new graph. Also, draw an arrow in which direction the new PPF curve is pointing as a result of the shift
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