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For the following questions, it would be helpful for you to create a table which shows the maximum amounts of mattresses and boxsprings which Jakob
For the following questions, it would be helpful for you to create a table which shows the maximum amounts of mattresses and boxsprings which Jakob and Ross-Andrew can produce in 45 hours. Once you have created your table, click the "continue" button. Output mattresses boxsprings Jakob 9 15 Ross-Andrew 5 3 What is Jakob's opportunity cost for 9 units of mattresses? units of (select unit) What is Jakob's opportunity cost for 1 unit of mattresses? ~ units of (select unit) E What is Ross-Andrew's opportunity cost for 5 units of mattresses? units of (select unit) What is Ross-Andrew's opportunity cost for 1 unit of mattresses? ~ units of (select unit) What is Jakob's opportunity cost for 15 units of boxsprings? units of (select unit) What is Jakob's opportunity cost for 1 unit of boxsprings? units of (select unit) What is Ross-Andrew's opportunity cost for 3 units of boxsprings? units of (select unit) What is Ross-Andrew's opportunity cost for 1 unit of boxsprings? units of (select unit)Who has the lower opportunity cost for producing mattresses? (select producer) Who has the lower opportunity cost for producing boxsprings? (select producer) Who has the absolute advantage in producing mattresses? (select producer) Who has the absolute advantage in producing boxsprings? (select producer) Who has the comparative advantage in producing mattresses? (select producer) Who has the comparative advantage in producing boxsprings? (select producer) If they specialize and trade, who should produce mattresses? (select producer) If they specialize and trade, who should produce boxsprings? (select producer)
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