The table below shows the maximum number of Pithas or Pizzas that Ayesha and Alina can cook in 1 hour. Please answer step by step follow question.Answer must be correct. Don,t copy from anywhere. Write proper answer. Do all calculation. Answer follow image The table below shows the maximum number of Pithas or Pizzas that Ayesha and Alina can cook in 1 hour.Opportunity OpportunityCost of 1PithaPersonМаximumMaximumPithasPizzaCost of 1PizzaАyesha601200.5Alina1001501.5|(a) Fill in the rest of the table with the opportunity cost of Pitha and Pizza for each person.(b) Identify who has a comparative advantage in producing each good, and why.(c) What is the total production of Pitha and Pizza if they specialize according to their comparative advantage?

Alina and Ayesha can produce two goods pitha and pizza. The opportunity cost (OC) of a good tells…

The table below shows the maximum number of Pithas or Pizzas that Ayesha and Alina can cook in 1 hour. Maximum Maximum Opportunity Opportunity Cost of 1 Person Pithas Pizza Cost of 1 Pitha Pizza Ayesha 60 120 0.5 Alina 100 150 1.5 (a) Fill in the rest of the table with the opportunity cost of Pitha and Pizza for each person. (b) Identify who has a comparative advantage in producing each good, and why. (c) What is the total production of Pitha and Pizza if they specialize according to their comparative advantage?

The table below shows the maximum number of Pithas or Pizzas that Ayesha and Alina can cook in 1 hour. Maximum Maximum Opportunity Opportunity Cost of 1 Person Pithas Pizza Cost of 1 Pitha Pizza Ayesha 60 120 0.5 Alina 100 150 1.5 (a) Fill in the rest of the table with the opportunity cost of Pitha and Pizza for each person. (b) Identify who has a comparative advantage in producing each good, and why. (c) What is the total production of Pitha and Pizza if they specialize according to their comparative advantage?

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter3: Interdependence And The Gains Rrom Trade

Section3.2: Comparative Advantage: The Driving Force Of Specialization

Problem 2QQ

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