27 Aug 1. Explain how (if at all) each of the following events affe
1. Explain how (if at all) each of the following events affects the location of the country’s production possibility curve: (Explain your answer in a couple of sentences).The quality of educationThe number of unemployed workers increasesA new technique improves the efficiency of extracting copper from oreA devastating earthquake destroys numerous production facilities.2. Suppose you are given $100 budget at work that can be spent only on two items: staplers and pens. If staplers cost $10 each and pens cost $2.50 each, then the opportunity cost of purchasing one stapler is:a. 10 pensb. 5 pensc. 4 pensd. zero pens
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