ECON 101 METHOD AND HELP ONLY

Bonus. (I point) Pmiuetton pssibllxties frontier, gai'us from trade, cornpnutive advantage, ahsolute advantage, and returns to scale. SuppA' that there are two countries, A and B. The production peesibiliti* frontier Of country A is given by + V'FFA 8, and the production frontier Of country B gi&vn by 8 where denote; the amount Of coconuts prodncl by country i and fishi denotes the amount Of fish producl by muntry Assume that the utility function of each country i iN given by the expresion fish,) min fish,) where denotes the amount of coconuts consumed by country i and fishi the amount if fish by country i. that all gaims from trade are divided equally between the muntrie'. Determine the utility of country when the agents can trade. Write the utility of country A here and the utility of country B here and provide a detaili explanation below (if you submit answers on your own answer sheet, please write th*' numbers vwing IARGE print)