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Help me answer all Qs Part 3- Comparative Advantage- Answer the following questions to verify that you fully understand opportunity cost, absolute advantage, comparative advantage,

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Part 3- Comparative Advantage- Answer the following questions to verify that you fully understand opportunity cost, absolute advantage, comparative advantage, and terms of trade. 1. Is this an output problem or an input problem? 2. What is China's opportunity cost of producing 1 pepper? 3. What is France's opportunity cost of producing 1 beef? 4. What is China's opportunity cost of producing 11 beef? 5. What is France's opportunity cost of producing 1 pepper? 6. Who has the absolute advantage in producing beef? 7. Who has the absolute advantage in producing peppers? 8. Who has the comparative advantage in producing beef? 9. Who has the comparative advantage in producing peppers? 10. What would acceptable terms of trade be between China and France? _ Hours needed to make One Unit mn Bolivia 25 5 _ 11. Is this an output problem or an input problem? 12. What is Mexico's opportunity cost of producing 1 plane? 13. What is Bolivia's opportunity cost of producing 1 car? 14. What is Mexico's opportunity cost of producing 1 car? 15. What is Bolivia's opportunity cost of producing 1 plane? 16. Who has the absolute advantage in producing cars? 17. Who has the absolute advantage in producing planes? 18. Who has the comparative advantage in producing cars? 19. Who has the comparative advantage in producing planes? 20. What would acceptable terms of trade be between Mexico and Bolivia

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