3 In the domestic economy, there are 6 producers with the following opportunity costs of producing a widget Producer Opportunity cost A 5 bushels of maize B 2 bushels of maize C 8 bushels of maize D 6 bushels of maize E '52 bushels of maize F 3 bushels of maize a If the autarky price of a widget is T bushels of maize, which producers will produce maize Which will produce widgets Briey explain b If the country opens to trade with the ROW and the new international price is 4 bushels of maize per widget, which producers will produce maize Which will produce widgets Briey explain c If the country opens to trade with the ROW and the new international price is 4 bushels of maize per widget, which good does the country export Import Briey explain d How is the welfare of Producer B affected by the opening to trade Will Producer B likely favor or oppose free trade Briey explain e How is the welfare of Producer C affected by the opening to trade 1Will Producer C likely favor or oppose free trade Briey explain

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3  In the domestic economy, there are 6 producers with the following opportunity costs of producing a widget  Producer Opportunity cost A 5 bushels of maize B 2 bushels of maize C 8 bushels of maize D 6 bushels of maize E '52   bushels of maize F 3 bushels of maize a  If the autarky price of a widget is T bushels of maize, which producers will produce maize  Which will produce widgets  Briey explain  b  If the country opens to trade with the ROW and the new international price is 4 bushels of maize per widget, which producers will produce maize  Which will produce widgets  Briey explain  c  If the country opens to trade with the ROW and the new international price is 4 bushels of maize per widget, which good does the country export  Import  Briey explain  d  How is the welfare of Producer B affected by the opening to trade  Will Producer B likely favor or oppose free trade  Briey explain  e  How is the welfare of Producer C affected by the opening to trade  1Will Producer C likely favor or oppose free trade  Briey explain

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3. In the domestic economy, there are 6 producers with the following opportunity costs of producing a widget. Producer Opportunity cost A 5 bushels of

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