To answer the following question, youmustcopy the table on a sheet of paper, answer all questions

.Here is the step-to-step direction:

a. Copy the table below on a sheet of paper and draw the PPC

b. Answer all 5 questions

c.Take a picture of the sheet of paper showing all your answersthenupload it in Canvas.

Question:Below is a production possibilities table for consumer goods (automobiles) and capital goods (forklifts).

Type of production PointA Point B Point C Point D Point E

Automobiles 0 2 4 6 8

Forklifts 30 27 21 12 0

1. Draw the Production Possibilities Curve with Automobiles on theX-axis and Forklifts on the Y-axis.

2.If the economy is at point C, what is the opportunity cost of 2 more automobiles? _______

3. If the economy is at point D, what is the opportunity cost of 2 more automobiles? ________

4. Is production at a point outside the production possibilities curve currently possible? Justify your answer.

5. Could international trade allow a country this country to consume beyond its current production possibilities curve? Justify your answer.