Each person in this section works eight (8) hours in a day Loren and Jason are a department There are only two actions they can perform: Writing Economics Exams and Writing Lecture Notes. The following table gives the number of hours required to produce either an Economics Exams (E) or a Lecture Notes (N). Hours to Write Lecture Notes Hours to Write Economics Exams (N) (E) Loren 4 2 Jason 4 1 1)(4) Does either Loren or Jason have an absolute advantage in Writing Economics Exams (N)? Why? 2)(4) Does either Loren or Jason have a comparative advantage in the Writing Lecture Notes (E)? Why'I 3)(4) If Loren and Jason were to specialize in department production, who should specialize in what? 4X4) Construct a production possibilities frontier (PPF) for Loren with Writing Economics Exams (E) on the vertical axis and Writing Lecture Notes (N) on the horizontal. 5)(4) Construct a department -- joint -- PPF that includes both Loren and Jason with Writing Economics Exams (E) on the vertical axis and Writing Lecture Notes (N) on the horizontall [It may be helpful if you first construct Jason's PPF] 6)(4) If the above department was decided to provide lectures for free during the COVE pandemic, would that make economic lectures a public good? Why