v O O (. () ENG 4:44 PM O X AutoSave On . 43 Assignment 1 (2).docx(rintu mam) - Last Modified: 7m ago 9 Search Khalid Mahmud File Home Insert Draw Design Layout References Mailings Review View Help Share Comments The table below contains production possibilities data for capital goods and consumer goods in the economy of New Harmony. Capital Goods Consumer goods 1. Draw the production possibilities curve (PPC) for New Harmony. 48 42 44 B2 A 40 B 36 C Consumer goods D2 D PP2 PP1 E 52 0 8 16 24 32 2. What is the total cost of the first 14 capital goods produced? 3. Assuming the economy is producing combination B, what is the approximate per-unit cost of an additional capital good? Focus + 100% Page 1 of 5 479 words X English (United States)E: 0 ii 7- 9 a a ' a F Q 0 vamwme 4:45PM E Khalid Mahmud File Home Insert Drew Design Layout References Mailings Review View Help a Share 5' Comments i . . . I 4 E 0 8 1 6 24 32 2. What is the total cost of the rst 14 capital goods produced? 3. Assuming the economy is producing combination B, what is the approximate per-unit cost of an additional capital good? 4. Assuming the economy is producing combination C, what is the approximate per-unit cost of an additional capital good? Section B 1. State whether the following is a land, labour capital or enterprise a. An irrigation ditch in Manitoba b. he work done bylim Plum, a labourer who helped dig the irrigation ditch c. lake d. air at The efforts of the founder and primary innovator of a successful new software company. Page1of5 479words [51 English(Canada) Injrocus Ed 7|+ 100%