For part a. Now, assume that a new technology that can be used only in the trailer industry is developed which increases the production of trailer output by 50%.b. On the same graph above, draw a new production possibilities curve(pp2) that reflects the new technology.c. If the town produced 12 units of trailers per year, how much wheat(in tons) could be produced after the introduction of the new technology?why?

Assume that the economy of a Town faces the following combination of two products: Wheat (tons/year) Trailers (units/ year) 25 0 20 DO 12 16 0 24 nc Niagara ECON1141-Winter22 College ClassActivity-02 Canada Draw a production possibility curve (PPI ) with trailers on the horizontal axis and wheat on the vertical axis. Use the following grid