(a) Sketch a concave PPF with B on the horizontal and F on the vertical. Indicate the values on the horizontal and vertical axes and the output of the two goods when half the labour is allocated to each industry. (b) The marginal product of labour functions are as follows: MPLB : 2KB KBLB T L MPLF : STF F4F Sketch the graph of the AJPLB function. Use the JMPLB to conrm the output of B when all the labour is allocated to the production of Boots. Sketch the graph of the fl/IPLF function. Use the Il/IPLF function to conrm the output of F when half of the labour is allocated to the production of F. (c) In autarky, the prices of goods at Home are P3\" : $2.50 and P\"t' : $3.00. Determine the autarky equilibrium allocation of labour and the wage at home and the output level of both goods. ((1) When Home trades with Foreign the freetrade prices of goods are P; : $3.50 and P; : $2.00. Determine the new allocation of labour when there is freetrade. Determine the wage in the home country. Determine the real wage measured with respect to each good