Greg and Peter live in a small town where they catch fish at the local river and gather apples from their farm. Below is a table of their production possibilities. Production possibilities Greg Peter Fish Apples Fish Apples 15 0 40 O 12 2 32 12 9 4 24 24 6 6 16 36 3 8 8 48 O 10 60Question 7 Which person has the comparative advantage in catching fish? [ Select ] Which person has the comparative advantage in gathering apples? [ Select ] [ Select ] Greg both Peter neitherQuestion 7 2 Which person has the comparative advantage in catching fish? [ Select ] [ Select ] Peter tive advantage in gathering apples? neither both GregQuestion 8 2 pt Should Greg and Peter specialize? Greg and Peter [ Select ] V specialize. Greg should specialize in the production of [Select ] and Peter should specialize in the production of [ Select ] V [ Select ] both fish and apples neither fish applesQuestion 8 2 pt Should Greg and Peter specialize? Greg and Peter [ Select ] V specialize. Greg should specialize in the production of [ Select V and Peter should specialize in the [ Select ] production of both fish and apples apples fish neitherQuestion 8 2 pts Should Greg and Peter specialize? Greg and Peter [ Select ] V specialize. Greg should specialize in the [Select ] production of there is not enough information and Peter should specialize in the . should should not production ofD Question 6 4 pts Using the table in the previous question, compute the opportunity costs of producing fish and apples for each individual. Greg Peter OCfish [ Select ] OCfish [ Select ] OCapples [ Select ] OCapples [ Select ] D Question 7 2 pts Which person has the comparative advantage in catching fish? [ Select ] Which person has the comparative advantage in gathering apples? [ Select ]