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The Question in the picture. Thank you 1. (6 marks) PPC In Prince George, BC there are two major industries, producing good Y (Paper Mill)

The Question in the picture. Thank you

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1. (6 marks) PPC In Prince George, BC there are two major industries, producing good Y (Paper Mill) or good X (Silver Mine). The table shows the amount of each product which can be produced with the labour force. Workers 10 20 30 40 150 60 70 80 Good X 0 70 130 180 220 250 270 280 285 Good Y 50 95 135 170 200 225 245 260 a) There are currently 70 workers. Create the production possibilities table. No graph required. Good X Good Y b) Explain and calculate (i) the opportunity cost to produce 70 more X, if you are already efficiently producing 180 of X, and (ii) the opportunity cost of producing 35 more Y, if you are already efficiently producing 135 Y. () Explain and calculate, how your answer to b) would change if the labour population increased to 80 Workers

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