Question
In your answer to this question, use (community) indifference curves, a production possibility boundary (P.P.B.) with increasing opportunity costs for coffee (x-axis) and computers (y-axis)
In your answer to this question, use (community) indifference curves, a production possibility boundary (P.P.B.) with increasing opportunity costs for coffee (x-axis) and computers (y-axis) and start from an autarky position (label as "A") where this country produces more coffee than computers (i.e., relatively steep autarky price ratio).
(a) Illustrate the free-trade equilibrium production point (label as "B") and the free-trade consumption point (label as "C") if this country trades at terms of trade that is lower (i.e., "flatter") than the autarky price ratio.
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