Iadc's production possibilities Jill's production possibilities Production Food Clothing Production Food Clothing porn! A B C D 1. (pounds) (pounds) point (pounds) (pounds) 24 and 0 A 45 and D 16 and 4 B 30 and 5 8 and 8 C 15 and 10 0 and 12 D 0 and 15 Consider the above table. Which good does Jack have a comparative advantage in producing? Which good does Jill have a comparative advantage in producing? Consider the following scenario. Xavier and Yannis can switch between producing baskets and producing birdhouses. Xavier uses 8 hours to produce 1 basket and 2 hours to produce 1 birdhouse. Yannis uses 1.5 hours to produce 1 basket and 2 hours to produce 1 birdhouse. In 24 hours, Xavier can produce 3 baskets and 12 birdhouses, and Yaiuris can produce 16 baskets and 12 birdhouses. If they decided to trade with one another, at which of the following prices would both Xavier and Yannis gain from trade? Justify your answer a) 30 baskets for 15 birdhouses b) 30 baskets for 18 birdhouses c) 30 baskets for 24 birdhouses Before the rst Gulf War, Kuwait had the capacity to produce a certain amount of oil from its oil wells. After the war, it found that capacity greatly diminished because the oil wells were on fire. Draw Kuwait's PPF before and after the war, assuming that the only two goods produced are oil and food. Further assume that setting the oil wells on re did not affect Kuwait's ability to produce food Explain why the PPF before the war is different from the PPF after the war