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Annual Production Germany Turkey T-Shirts 1,800 500 Optical Instruments 600 1,000 Graph Germany's and Turkey's production possibilities curve individually. Graph the production possibilities curve for

Annual Production Germany Turkey
T-Shirts 1,800 500
Optical Instruments 600 1,000
  1. Graph Germany's and Turkey's production possibilities curve individually.
  2. Graph the production possibilities curve for the combined output of the 2 nations.
  3. What is the slope of Germany's production possibilities curve?
  4. What is the slope of Turkey's production possibilities curve?
  5. What is the opportunity cost of producing T-shirts in Germany?
  6. What is the opportunity cost of producing T-shirts in Turkey?
  7. What is the opportunity cost of producing optical instruments in Germany?
  8. What is the opportunity cost of producing optical instruments in Turkey?
  9. In which good does Germany have a comparative advantage?
  10. In which good does Turkey have a comparative advantage?

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