5. A class at BCU contains 43 students. Each of them takes computing or electronics or both. 32 students take computing and 18 take electronics. In addition, 7 of the students have chosen to take an exciting new option, data analysis III. If 5 of these 7 take computing and another 5 take electronics, answer the following questions: (a) How many students take all three subjects? (b) How many take both computing and electronics? (c) How many students take just one subject? search 2. Eastern and Western are countries that currently produce electronics and food. Each country has 100 million labor hours, and the amounts of labor required to produce each kilo of electronics or food are shown in the table below. Hours of Labor Required for Production Eastern Electronics (per kilo) Food (per kilo) Total Hours Available A. [1 point each] In autarky, What is the price of electronics relative to the price of food (Pelectronics/Pood) in Eastern? Eastern produces and consumes 32 million kilos of electronics. How many kilos of food does it produce and consume? What is the price of electronics relative to the price of food (Pelectronics / Pfood) in Western? Western produces and consumes 30 million kilos of food. How many kilos of electronics does it produce and consume? Electronics (millions of kilos) Food (millions of kilos) 1.25 hours 1.00 hours 100 million Production 0 100/1 100 B. [1 point each] Eastern and Western begin to trade electronics and food. Each country specializes in the production of the good in which it has comparative advantage. Trade takes place at the exchange rate of 1:1. In other words, Pelectronics / Pfood = 1. After trade, 35 million kilos of electronics are traded for 35 million kilos of food. Fill in the table below showing production and consumption in Eastern and Western after free trade. Eastern Western 1.25/1.00 -1.25 32*1.25 40 m hours producing electronics, leaving 60 m to produce food amounting to 60/160 million food 1.50/2.00 0.75 30*2 60 m hours producing food, leaving 40 m to produce electronics amounting to 40/1.5-26.67 m electronics Western 1.50 hours 2.00 hours 100 million Consumption 35 (from imports) 100 35 65 Production 100/1.5- 66.67 0 Consumption 66.67-35- 31.67 35 (from imports) 26C 23