Based on the table below answer the following: Combinab'ons of watches and tablets Points Watches Tablets A 16 D B 12 1 C 8 2 D 4 3 E D 4 1. Draw a Production Possibilities Frontier [PPF] using the data from the table below [put watches in the vertical axis and tablets in the horizontal axis] showing all the points in the PPF. 2. What is the opportunity cost of an extra tablet when you are on segment AB? What about when you are at segment CD? {i.e._. how many sweaters you have to give up in orderto get an extra tablet? Show your work!) 3. What is your PPF's shape? Explain why your PPF has that shape based on your answer on (2} 4. Illustrate the effect of a new technology in the production of tablets only in this economy. Upload Choose a File