2. Comparative and absolute advantage Yakov and Ana are farmers. Each one owns a 12acre plot of land. The following table shows the amount of corn and rye each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing corn or rye or to produce corn on some of 'd'1e land and rye on the rest. Corn Rye (Bushels per acre) (Bushels per acre) Ya Row 12 3 Ana 15 5 On the following graph, use the blue line (circle symbol) to plot Yakov's production possibilities frontier (PPF), and use the purple line (diamond symbol) to plot Ana's PPF. 120 O 108 Yakov's PPF 84 72 Ana's PPF 80 RYE (Bushels) 48 36 24 12 0 60 120 180 240 300 380 420 480 540 600 CORN (Bushels) has an absolute advantage in the production of corn, and has an absolute advantage in the production of rye. Yakov's opportunity cost of producing 1 bushel of rye is bushels of corn, whereas Ana's opportunity cost of producing 1 bushel of rye is bushels of corn. Because Yakov has a opportunity cost of producing rye than Ana, has a comparative advantage in the production of rye, and "has a comparative advantage in the production of corn