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Could you explain me these tow questions? Thanks!! The following cost data is for the mythical land of Painduvin, a capital-abundant country where they produce

Could you explain me these tow questions? Thanks!!

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The following cost data is for the mythical land of Painduvin, a capital-abundant country where they produce nothing but bread and wine using only capital and labor as inputs. 1 unit of Bread 1 unit of Wine Capital Input 5 euros 20 euros Labor Input 4 euros 10 euros 1 1. Painduvin has a comparative advantage in the production of: a. Both bread and wine. b. Neither bread nor wine. c. Wine. (1. Bread. ANSWER: 12. The opening up of free trade would cause the price of bread to and the domestic price of wine to in Painduvin. a. Rise; fall b. Fall; rise c. Rise; rise (1. Fall; fall

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