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Linda and Jessy can each produce carrots and hats per week. Linda can produce a maximum of 30 carrots per week or 5 hats. Jessy
Linda and Jessy can each produce carrots and hats per week. Linda can produce a maximum of 30 carrots per week or 5 hats. Jessy can produce a maximum of 21 carrots per week or 7 hats. 1. Calculate the comparative advantage for Linda and Jessy. 2. Explain who should produce carrots and who should produce hats. 3. Assume the world opens up to free trade and now the US is only importing hats and no longer producing any domestically. Explain who is helped and who is hurt by this change
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