Draw a production possibilities frontier for Goods A and B. Suppose that these goods are subject to increasing relative costs in production, and be sure that your graph reflects this fact.

(b) suppose that a new and innovative technology enhances the production of Good A but not Good B. On the same graph, illustrate how this new innovation changes the production possibilities frontier (PPF).

(c) On your original PPF, label a point on the curve X, a point outside the curve Y, and a point inside the curve Z.

(d) Explain if a movement from point Z to point X represents economic growth. You must defend your answer.

(e) Draw a production possibilities frontier for Goods A and B (as a separate graph) under the assumption that the opportunity cost is constant.

This was all that was given