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Please help!!! It'd be much easier to understand with graphs. A Micro Macro Example The state of Econia can produce food (F) with land (T,

Please help!!! It'd be much easier to understand with graphs.

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A Micro \"Macro\" Example The state of Econia can produce food (F) with land (T, from the Latin term] and labor [L] according to the production function F = 3 - L113 - TIE/3 where LF is the labor-hours and TF is the number of acres of land devoted to food production. Econia can also produce clothing (C l at the rate 4 units of C per labor-hour [or C = 4 - LC]. No land is used in clothing production. 1} World market prices for food and clothing are constant. If PF = $4/unit and PC = Sl/unit, and Econia has a labor force of 108 million labor-hours per year and available land of 64 million acres, how should the resources be allocated between food and clothing to maximize the value of aggregate production? 2} What would happen if the available labor force increased? What would happen if the available arable {farmable} land increased? Howfwhy do these results hold

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