Homework Help: Microeconomics

Posted by Tasha on Sunday, October 17, 2010 at 3:00pm.

Combination Health Care All Other Goods
A 0 100
B 25 90
C 50 70
D 75 40
E 100 0

b. What is the opportunity cost of combination C?
c. Suppose a second nation has the following data. Plot
the PPC, and then determine which nation has the
comparative advantage in which activity. Show
whether the
two nations can gain from specialization
and trade.

Combination Health Care All Other Goods
A 0 50
B 20 40
C 40 25
D 60 5
E 65 0

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