Q4: British Columbia (BC) produces lumber and films. Show the impact of each of the following events on the BC economy using a properly-labeled and drawn production possibilities graph. Hint: What variables are measured on the axes of a production possibilities graph?

You will draw a total of six graphs, one for each part of this question. Each graph must show the BC economy before and after the event. Draw and label your graphs carefully.

You can draw the graphs on paper, take a photo of them and insert the picture into your document or you can use a drawing program such as Microsoft Paint to draw the graphs and insert them into your document.

a) Some unemployed Albertans move to BC to look for work.

b) Some unemployed workers in BC find employment in the film industry.

c) Some workers quit their jobs in BC's lumber industry to work in BC's film industry.

d) A technological advancement occurs that affects only BC's lumber industry.

e) A technological advancement that affects only BC's lumber industry causes BC to increase its production of both lumber and films.

f) Resources in BC's film industry work overtime.