Economic

Question 30 2 pts What is Annie's opportunity cost for producing apples in terms of cherries? That is, how many pounds of cherries does she give up per pound of apples? Enter the exact number as a decimal rounded to the nearest tenth of a pound. D Question 31 2 pts What is Bret's opportunity cost for producing apples in terms of cherries? That is, how many pounds of cherries does he give up per pound of apples? Enter the exact number as a decimal rounded to the nearest tenth of a pound. D Question 32 2 pts What is Annie's opportunity cost for producing cherries in terms of apples? That is, how many pounds of apples does she give up per pound of cherries? Enter the exact number as a decimal rounded to the nearest tenth of a pound.D Question 33 2 pts What is Bret's opportunity cost for producing cherries in terms of apples? That is, how many pounds of apples does he give up per pound of cherries? Enter the exact number as a decimal rounded to the nearest tenth of a pound.D Question 29 2 pts The information in this question refers to the next nine questions. Annie and Bret produce apples and cherries and originally live on their own farms and do not trade with each other. Their opportunity costs of producing each crop are constant. In one year, if Annie completely focuses on growing apples, she has 100 pounds of apples. If Annie completely focuses on growing cherries, she has 50 pounds of cherries. In one year, if Bret completely focuses on growing apples, he has 60 pounds of apples. If Bret completely focuses on growing cherries, he has 60 pounds of cherries. First: who has the absolute advantage in producing apples? Who has the absolute advantage in producing cherries? Explain why. Bret has the absolute advantage in producing cherries and producing apples. Annie has the al solute advantage in producing cherries and producing apples. O Annie has the absolute advantage in producing apples but Bret has the absolute advantage in producing cherries. Annie has the absolute advantage in producing cherries but Bret has the absolute advantage in producing apples D Question 30 2 pts What is Annie's opportunity cost for producing apples in terms of cherries? That is, how many pounds of cherries does she give up per pound of apples? Enter the exact number as a decimal