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Don't need long explanation Question 14 1 pts Ken and Traci are two woodworkers who both make tables and chairs. In one month, Ken can

Don't need long explanation

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Question 14 1 pts Ken and Traci are two woodworkers who both make tables and chairs. In one month, Ken can make 18 tables (and 0 chairs) or 3 chairs (and 0 tables), whereas Traci can make 8 tables (and 0 chairs) or 24 chairs (and 0 tables). Given this, we know that the opportunity cost of 1 chair is Hint: Draw the PPFs for both Ken and Traci. Since the question asks about the opportunity cost of chair, we can put chair on the horizontal axis. 1/6 table for Ken and 1/3 table for Traci. 1/6 table for Ken and 3 tables for Traci. 6 tables for Ken and 1/3 table for Traci. 6 tables for Ken and 3 tables for Traci. Question 15 1 pts If John can produce more burgers in one day than Mary can produce in one day, then John has a comparative advantage in the production of burgers. Mary has a comparative advantage in the production of burgers. John has an absolute advantage in the production of burgers. Mary has an absolute advantage in the production of burgers

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