Short Answer Questions #1. Use the following table representing the production possibilities for a country to answer questions a) to f) Point Agricultural Goods Manufacturing Goods DC of manufacturing oods . _ B 33 10 C 30 20 D 25 30 E 15 40 F _ The country is looking to expand its manufacturing production. Compute the opportunity cost of producing 10 more manufacturing goods in terms of agricultural goods at each point of production. (fill in the last column of the table) a) b) C) d) Draw the PPF for the country. Remember to label all elements on your graph. In terms of economic growth, production at point D will tend to generate (morel'less/equal) growth as compared to point C. Why? Characterize an output combination of 37 units of manufacturing goods and 14 units of agricultural goods in terms of employment of resources and efciency. Show the point representing this combination on your graph and label it Q. Given the state of technology, is it possible to produce 48 units of manufacturing goods and 20 units of agricultural goods? If yes, why? If not, what could be done in order to achieve that production point in the future? Show the point on your graph and label it G. What is the opportunity cost of the 35\"\" unit of manufacturing goods in terms of agricultural goods if the economy is producing at point D