Bread (lbs per day)	Butter (lbs per day)
Country J	200	100
Country K	150	30

a. Country J's opportunity cost of producing one loaf of bread?

b. Country K's opportunity cost of producing one loaf of bread?

c. J and K decide to specialize and trade. A rate of trade of 1 loaf of bread for 1 loaf of butter is proposed

-Would Country J accept this trade? (yes/no)

-Would Country K accept this rate of trade? (yes/no)

d. suggest a rate of trade (different from that above) that would be acceptable to both J and K

-Following the trade, Country J has _____ loaves of bread and _____ pounds of butter

-Following the trade, Country K has _____ loaves of bread and _____ pounds of butter