Question 2 (3 pts) New New York has 250 workers and produces only two goods: Beasty Boys CD'S and High top sneakers. Labour is the only factor of production, but some are better at producing High top sneakers than CD's. The following table shows the maximum levels of output of each good possible using various level of labour. Number of workers producing Annual Production Number of workers producing Annual production of Beastie Boys CD's of CD's high top sneakers sneakers 0 0 250 1300 250 75 0 0 3. Calculate the opportunity cost of producing: a. An extra 25 CD's if the economy is already producing 20 CD's and 1200 sneakers. b. An extra 10 CD's if the economy is already producing 60 CD's and 600 sneakers. b. Draw the production possibility frontier (CD on abscissa (x), sneakers on ordinate (y)) c. If the technology which is used to produce CD's improves, show on your diagram, what will change