Question: Consider the following productivity table. Hours Needed to Make 1 Unit of Cheese Wine England A 4 France 5 2 a. (5 points) Which country

 Consider the following productivity table. Hours Needed to Make 1 Unit

Consider the following productivity table. Hours Needed to Make 1 Unit of Cheese Wine England A 4 France 5 2 a. (5 points) Which country has an absolute advantage in the production of cheese? b. (10 points) Using the information in the productivity table below, estimate the opportunity cost of producing cheese and win in England and France. Opportunity cost of producing one unit of cheese Opportunity cost of producing one unit of wine England units of wine unit of cheese France units of wine unit of cheese c. (5 points) Which country has a comparative advantage in the production of wine

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