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A. With Indifference Curves and Production-Possibility Curves Wheat Wheat United Rest of States the World 80 S1 55 50 SA 40 T 30 Sa Price

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A. With Indifference Curves and Production-Possibility Curves Wheat Wheat United Rest of States the World 80 S1 55 50 SA 40 T 30 Sa Price = 1 W/C 15 51 Price = T 0.67 W/C O 20 40 60 Cloth O 60 80 100 Cloth 2 W/C 1 WIC B. With Demand and Supply Curves Price of cloth (W/C) Price of cloth (W/C) Sus 2 A Cloth SF B exports Cloth 0.67 - imports Dus O 20 40 60 Cloth 0 60 80 100 Cloth

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