Consider an economy that produces only food and clothing. Its production possibilities boundary is shown at right. a. If the economy is at point A, how many tonnes of clothing and how many tonnes of food are being produced? At point B? PointA I vi Point B I vi b. What do we know about the use of resources when the economy is at point A? When the economy is at point A the use of resources is :1. c. If the economy is at point C, what is the opportunity cost of producing one more tonne of clothing? The opportunity cost of producing one more tonne of clothing is about d. What do we know about the use of resources at point D? When the economy is at point D the use of resources is |:l How would it be possible for the economy to produce at point D? the economy to produce at point D. Tonnes of Food Per Year Production Possibilities Boundary 1 2 3 4 5 6 Tonnes of Clothing Per Year 7 9,0 [31