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Y 300 200 110 X 55 100 200 The graph above presents the PPC and a community indifference curve in an economy that produces two

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Y 300 200 110 X 55 100 200 The graph above presents the PPC and a community indifference curve in an economy that produces two goods X and Y. If things are as presented in the graph, what are A. Quantity of X and Y produced? B. Quantity of X and Y consumed? C. Relative price of X? D. If price of X is $2.50, what is the price of Y? E. What is shape of the PPC (convex) indicative of? Explain

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