Assume that Japan and Korea can switch between producing airplanes at a constant rate.

Assume that Japan and Korea can switch between producing cars and producing airplanes: at a constant rate. Hours Needed to make 1 Quantity Produced in 2400 Hours Car Airplane Car Airplane Japan 30 150 80 16 Korea 50 150 48 16 a} Use the information above to draw PPF curves for Japan and Korea. {Put Car on the horizontal axis.) Note: Make sure you label your graphs properly (x-axis, yaxis, intercept value) What is the opportunity cost of producing 1 car in terms of airplanes for Japan? Which product does Korea have comparative advantage in producing? Explain your answer briefly