Essay
Below is the production possibilities table for the country of Lavaland.
(a)Use the information in the Table to draw the production possibilities curve (PP1)for Lavaland.Put tanks on the horizontal axis.
(b)What is the cost to Lavaland of moving from point A to point B on its PP1?
(c)What is the cost to Lavaland of moving from point E to point F?
(d)What general economic principle is being illustrated by your answers to part (b)and (c)above? Explain.
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(a)The diagram should look like this: 
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