Please make it easy to read and understand. If handwritten please make it legible, i will leave a very good review

2. Imagine your own Production Possibilities (PPF). Assume that today you have certain resources, namely your time, your skills, perhaps, some capital. And you can produce various outputs. Suppose you can produce combinations of two outputs, related to studying and partying. a) Draw your PPF for studying and partying. Be sure to label the axes of the diagram appropriately. Label and explain in words. the points where the PPF intersects the axes. ii) a point which is feasible but inefficient. a point which is efficient. b) Explain what it would mean for you to move downward and to the right along your personal PPF. What kinds of adjustments would you have to make in your life to make such a movement along the frontier