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Back to Assignment Attempts Keep the Highest / 3 2. Comparative and absolute advantage Antonio and Caroline are farmers. Each one owns a 12-acre plot of land. The following table shows the amount of alfalfa and barley each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing alfalfa or barley or to produce alfalfa on some of the and and barley on the rest. Alfalfa Barley (Bushels per acre) (Bushels per acre) Antonio 18 Caroline 28 On the following graph, use the blue line (circle symbol) to plot Antonio's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Caroline's PPF. ? 120 O- 108 Antonio's PPF Caroline's PPF BARLEY (Bushels) 24 60 120 180 240 300 360 420 480 540 600 ALFALFA (Bushels) has an absolute advantage in the production of alfalfa, and has an absolute advantage in the production of barley. Antonio's opportunity cost of producing 1 bushel of barley is I bushels of alfalfa, whereas Caroline's opportunity cost of producing 1 bushel of barley is bushels of alfalfa. Because Antonio has a opportunity cost of producing barley than Caroline, has a comparative advantage in the production of barley, and has a comparative advantage in the production of alfalfa. Grade It Now Save & Continue Continue without saving