Question: please help me answer this question. thank you! The table below shows the production possibilities for Canada and Japan. Suppose that, prior to specialization and

please help me answer this question. thank you!

please help me answer this question. thank you! The table below showsthe production possibilities for Canada and Japan. Suppose that, prior to specializationand trade, both Canada and Japan are producing combination C. CANADA'S PRODUCTIONPOSSIBILITIES Product A B C D E DVD players 40 30 20

The table below shows the production possibilities for Canada and Japan. Suppose that, prior to specialization and trade, both Canada and Japan are producing combination C. CANADA'S PRODUCTION POSSIBILITIES Product A B C D E DVD players 40 30 20 10 O Bushels of wheat 30 60 90 120 JAPAN'S PRODUCTION POSSIBILITIES Product A B C D E DVD players 60 45 30 15 O Bushels of 0 10 wheat 20 30 40a) Draw the production possibilities curve for Canada In the graph A, and Indicate its present output position. Draw the production possibilities curve for Japan In graph B, and Indicate its present output position. Plot only the endpoints of each curve In the graphing areas using the appropriate tool. Plot the output combination In each graph using the Point tool. A Canada PP Curve 140 combination 120 Trading 100 Possibilities Curve New DVD players combination (80, 60) 20 20 40 80 80 100 120 140 Quantity of wheat per period resetB Japan PP Curve 70 combination 60 Trading 50 Possibilities Curve 40 New combination DVD players 20 10 20 30 40 50 60 70 Quantity of wheat per period resetbj Suppose that the two countries specialize and trade on the basis of 1 DVD player = 1 unit of wheat. Draw the corresponding trading possibilities curves In graph A and graph B above. Plot only the endpoints of each curve In the graphing areas using the appropriate tool. c) After trade, If Canada still wishes to have 60 bushels of wheat, how many more DVDs could It have? d) Show the new combination In graph A above. Use the Point tool In graph A above to plot the new combination. e) If Japan still wishes to have 30 DVDs, how much more bushels of wheat could It have? f ) Show the new combination In graph B above. Use the Point tool In graph B above to plot the new combination

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