Carmen and Dennis live on a desolate island. They spend their days fishing or climbing trees to collect coconuts. The following table shows how much of each activity Carmen and Dennis can produce for each hour of work. They each can work up to 12 hours a day. Fish per hour Coconuts per hour Carmen 40 8 Dennis 28 7 On a piece of paper, draw Carmen's PPF with fish on the horizontal (x) axis and coconuts on the vertical (y) axis. Carment's PPF extends from Question Blank 1 of 9 to Question Blank 2 of 9. (Hint: your answer should be in the form of a point (x,y).) Question Blank 3 of 9 has an absolute advantage in the production of fish, and Question Blank 4 of 9 has an absolute advantage in the production of coconuts. Carmen's opportunity cost of producing 1 coconut is Question Blank 5 of 9 fish, while Dennis' opportunity cost of producing 1 coconut is Question Blank 6 of 9 fish. Because Carmen has a Question Blank 7 of 9 opportunity cost of producing coconuts than Dennis, Question Blank 8 of 9 has a comparative advantage in the production of coconuts, and Question Blank 9 of 9 has a comparative advantage in the production of fish
Carmen and Dennis live on a desolate island. They spend their days fishing or climbing trees to collect coconuts. The following table shows how much of each activity Carmen and Dennis can produce for each hour of work. They each can work up to 12 hours a day.
| Fish per hour | Coconuts per hour | |
| Carmen | 40 | 8 |
| Dennis | 28 | 7 |
On a piece of paper, draw Carmen's
has an absolute advantage in the production of fish, and
has an absolute advantage in the production of coconuts.
Carmen's
opportunity cost of producing coconuts than Dennis,
has a
has a comparative advantage in the production of fish
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