Confirm answers for part (c)

4. Suppose Manitoba and Saskatchewan produce and consume two goods: Wheat and Fish. Assume labour is the only Input into production of both goods and each province produces the following output per worker: Output per unit of labour Wheat (in bushels) Fish (in kg) Manitoba 10 40 Saskatchewan 30 15 a, Complete the following table (show your work). (2 marks) Production unit of Labour Opportunity cost of 1 Opportunity cost of 1 kg bushel of Wheat (In of Fish (in terms of terms of fish) wheat) Manitoba 4 1/4 Saskatchewan 1/2 2 b. Does Manitoba have a comparative advantage in producing either good? If so which good? Why? Does Saskatchewan have a comparative advantage in producing either good? If so which good? Why? (1 mark) > Manitoba has a comparative advantage in producing fish, and Saskatchewan has a comparative advantage in producing wheat, respectively. C. Assume Manitoba has a population of 2 million and Saskatchewan has a population of 1.5 million. Complete the following table (show your work), (1 mark) Total Output Wheat (in millions of Fish (in millions of kg) bushels) Manitoba 4 x2M - 8M % x 2 M = 0.5 M Saskatchewan 0.5 x 1.5 M = 2M 2 x 1.5 M = 3M