Bo Jackson, Jr is only 15.Just like his father, he's a great athlete who appears to be really talented at both football and baseball. Unfortunately for Bo (and for every other human), he only has a limited amount of time to practice either sport. He could spend 100% of his time practicing football, or 100% of his time practicing baseball, or somewhere in between. Scouts (talent evaluators) use a scale from 20 to 80 to describe the talent of a prospect in their sport (80 being the best). At the age of 15, Bo is currently a 20 on the baseball scale and a 20 on the football scale. The chart below shows how Bo could progress in each sport, depending on how he spends the next 3 years training during his spare time: scout's scout's % of time % of time football baseball on football on baseball scale scale 100% 0% 8020 90% 10% 7830 80% 20% 7539 70% 30% 7147 60% 40% 6654 50% 50% 6060 40% 60% 5466 30% 70% 4771 20% 80% 3975 10% 90% 3078 0% 100% 2080 Requirement #1 (2 marks): Using the provided graph paper on the next page, Graph Bo's Production Possibilities Curve for the different ways he can spend his next 3 years. Put the score on the scout's football scale on the vertical (y) axis and put the score on the scout's baseball scale on the horizontal (x) axis. Requirement #2 (1 mark): Using your graph: Bo guesses he should split his time evenly between the two sports.His coach believes he should aim to score 70 on the baseball scouting scale. What is the approximate opportunity cost of Bo switching from his strategy and instead scoring a 70 on the baseball scale? Requirement #3 (3 marks): Requirement #4 (2 marks): Suppose that the 3 years have passed and Bo ended up scoring a 64 on the football scale and a 50 on the baseball scale. Assuming that the original information in this question was correct, what can we say happened? Requirement #5 (2 marks): Ignore the information in Requirement #4. Assume that the original information in this question was correct and there are no training technological advances during the 3 years in question. It takes a baseball score of 65 to get drafted by Major League Baseball.It takes a football score of 70 to get drafted by the NFL. If Bo wants to get drafted by both leagues after 3 years, what would be your advice to him (and why)?