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PURPOSE The purpose of this assignment is to enhance learners' application of microeconomic theories in making decisions. REQUIREMENT Answer all the questions. QUESTION 1 (CLO1) Suppose that a Country X production possibility can be represented by the table below: Production Alternatives Products B C D E Food 12 16 Clothing 20 18 14 0 a. What is the maximum amount of food this country can produce? How much clothing can it produce at this puint? (41 b. What is the cost of one more unit of food from point C to point D? 14) c. What is the cost of one more unit of clothing from point C to Point B? 141 d. Suppose the economy is currently producing 4 units of food and 16 units of clothing. Is this economy producing efficiently? Explain, (4)