1. According to the traditional neoclassical model, what is the impact on production of:a. 100 new machine pressesb. 200 workers entering the labor forcec. An increase in demand of $1.5 million new lawnmowersd. Incorporating nanotechnology into productione. An increase in taxes to benefit less fortunate regions2. According to the neoclassical model, a new lawnmower manufacturing firm locates in Tall Grass Prairie, despite that area’s low unemployment rate. To be able to fulfill the $1.5 million contract for new lawnmowers, the firm is forced to increase wages by 30%. According to the neoclassical model, how does this increase in wages affect:a. The other employers in Tall Grass Prairieb. Employers in neighboring communitiesc. Employees in both Tall Grass Prairie and neighboring communities