Hello, could you please help me to answer these questions:

Suppose that New York and Pennsylvania can produce corn and grapes. The maximum quantities that each state can produce, when all resources are devoted to that product, are shown by the table below. Assume that quantities are measured in tons.

NEW YORK PENNSYLVANIA

CORN PER YEAR 2000 1000

GRAPES PER YEAR 8000 4000

a. Which state has an absolute advantage in grape production? Which state has an absolute advantage in corn production?

b. For New York, what is the opportunity cost of one ton of corn? One ton of grapes?

c. For Pennsylvania, what is the opportunity cost of one ton of corn? One ton of grapes?

d. Should New York and Pennsylvania specialize and trade? Why or why not?

e. If your answer to d) is yes, then please use PPCs and CPCs to show that both states are better off with specialization and trade.