1) George and Bill find themselves on a deserted island. The only two activities available are fishing and picking pineapples. In a full day, George can catch 8 fish or find 4 pineapples; in the same time, Bill can catch 3 fish or find 3 pineapples. Activities can be divided with no loss of efficiency. When left on their own, George consumes 2 pineapples and Bill consumes 1 pineapple. a. What are each individual's marginal costs of fishing and pineapple collecting? If left on their own without any possibility of trade, how many fish would each consume? (2 points) b. Who has a comparative advantage in pineapple production? Who has a comparative advantage in fish production? If George and Bill are allowed to specialize and trade, and they continue to consume the original amount of pineapples each, what are the gains from specialization and trade? (2 points)