1. In the table below calculate opportunity cost for: (12)

Country

Computers

Sewing Machines

Japan

500

900

Canada

300

480

a. Japan of producing a computer rather than a sewing machine

A.

b. Canada of producing a computer rather than a sewing machine

c. Japan of producing a sewing machine rather than a computer

d. Canada of producing a sewing machine rather than a computer

e. Which country has comparative advantage in producing sewing machines?

f. Which country has comparative advantage in producing computers?