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thank you sir 'J 1. a) Draw a production possibilities frontier (PPF) for a society that produces two goods, guns and wheat. Suppose this society

thank you sir

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'J 1. a) Draw a production possibilities frontier (PPF) for a society that produces two goods, guns and wheat. Suppose this society has two political parties, party R (who want a strong military) and party L (who want a smaller military). Show points on your diagram that party R and party L chooses. b) Show graphically whether your PPF will change if all the resources used for both the goods were equally suitable for production of guns and wheat? c) Assuming that b stands and if all the resources are used for the production of guns, 20 guns can be produced and if all the resources are used for production of wheat. 30 units of wheat can he produced, then what is the opportunity cost of producing one gun

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