Suppose Alberta and British Columbia (BC) have the production possibilities frontiers shown in the following graph. Suppose you wanted to determine which of the two provinces was economically better off. Is the given information sufficient? If yes, which province is better off? If not, make assumptions about the additional information that you need and determine which province is better off. How sensitive is your answer to variations in your assumptions?
Figure 3-13 
Definitions:
Lotus
A plant associated with purity and beauty in various cultures, often found in water gardens and depicted in art and literature, symbolizing elegance and rebirth.
Papyrus
A plant native to Egypt and adjacent lands used to make paperlike writing material; also, the material or any writing on it.
Human Figure
The representation of the human body in art, which can range from realistic to abstract interpretations.
New Kingdom
An era of ancient Egyptian history, characterized by its wealth, power, and the construction of many of the most famous monuments of Egypt, including the temples at Karnak and the Valley of the Kings.
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