Question: 2) Consider two commodities X&Y being produced by countries A&B. The resources (units) to produce one ton of each commodity, and the amount of resources

2) Consider two commodities X&Y being produced by

2) Consider two commodities X&Y being produced by countries A&B. The resources (units) to produce one ton of each commodity, and the amount of resources available for each country are given in the next table. (5 marks) 12 Available Units need to produce 1 ton Resource Commodoity X Commodoity Y Country A 480 8 Country B 600 20 Calculate the amount of commodity X&Y produced if 50% of the resources, for each country, are used for product X and the other 50 % for product Y. 24 i. ii. By applying the Comparative Advantage Theory, Illustrate how to increase the global production of Commodity Y with constant production of X

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