CENGAGE MINDTAP Q Search this course Module Two Quiz Attempts 2.5 Keep the Highest 2.5 / 3 2. Comparative and absolute advantage Tim and Alyssa are farmers. Each one owns a 20-acre plot of land. The following table shows the amount of barley and alfalfa each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing barley or alfalfa or to produce barley on some land and alfalfa on the rest. Barley Alfalfa (Bushels per acre) (Bushels per acre) Tim 20 5 Alyssa 50 10 On the following graph, use the blue line (circle symbol) to plot Tim's production possibilities frontier (PPF), and use the purple line (diamond sy to plot Alyssa's PPF. ? 200 O 180 Tim's PPF 160 140 20 Alyssa's PPF 100 ALFALFA (Bushels) 80 60 40 20 0 100 200 300 400 500 600 700 800 900 1000 BARLEY (Bushels) has an absolute advantage in the production of barley, and has an absolute advantage in the production of alfalfa. Tim's opportunity cost of producing 1 bushel of alfalfa is bushels of barley, whereas Alyssa's opportunity cost of producing 1 bushel o alfalfa is bushels of barley. Because Tim has a opportunity cost of producing alfalfa than Alyssa, has a comparative advantage in the production of alfalfa, and has a comparative advantage in the production of barley. Grade It Now Save & Continu Continue without s