Brooke needs 5 hours to paint a beautiful picture and 2 hours to make a picture frame. Georgia takes 8 hours to paint an equally beautiful picture and 4 hours to make a picture frame.

a) What two conditions are necessary for Brooke to produce on her PPF?

b) Who has the absolute advantage in pictures? Who has the comparative advantage in pictures?

c) If Brooke and Georgia agree to a trade, what will be the price range (lowest possible price and highest possible price) of pictures?