International Production You have two factories that produce identical products (lets say plastic forks). The plants and equipment are fully depreciated and there are no xed costs. Note, this Is a competitive market. As a result, your cost basis in the USA is TCUSE = 16'1\"\".55,2 your cost basis in CHINA is chnma = Waning? The demand for plastic forks is Y=?2 Note, the production then becomes Y = Yum + Ychina = 72 a. With no restrictions [competitive markets exist) hornr manyr plastic forks will the USA produce? 3 Points If _ _=-=?- b. How much would China need to lower their cost to produce all of the 72 plastic forks? o. 5 Points c. How much of a subsidy would the rm need to produce all 72-. plastic forks in the USA, given the original TC functions? o5 Points