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Maxine's Production Possibilities Frontier Daisy's Production Possibilities Frontier 20 Starts Ttarts 20 4 18 + 18- 16 - 16- 14 - 14+ 12 - 12

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Maxine's Production Possibilities Frontier Daisy's Production Possibilities Frontier 20 Starts Ttarts 20 4 18 + 18- 16 - 16- 14 - 14+ 12 - 12 - 10 10-+ 4+ 21 24 27 30 pier 3 6 9 12 15 18 24 27 30 pies Based on the graphs above, who has the absolute advantage in making tarts? O Maxine O Daisy O Maxine and Daisy O Neither Maxine or DaisyBased on the graph above, the opportunity cost to produce 1 tart is 3/4 of a pie 0 1 pie 0 4/3 pies Q 3 pies Based on the figure above the opportunity cost to make 6 tarts for Maxine is? O 0 pies O 1 pies O 2 pies O 12 piesBased on the graph above, who has the comparative advantage in making tarts? O Maxine O Daisy O Maxine and Daisy O Neither Maxine or DaisyBased on the graph above, what is a favorable terms of trade for Maxine and Daisy? 0 1 tart for 2 pies O 2 tarts for 2 pies O 3 tarts for 1 pie 0 5 tarts for 2 pies Based on the graph above, if Maxine completely specialized in her comparative advantage she would produce 0 6 tarts O 12 pies O 3 tarts and 6 pies O Maxine does not have a comparative advantage

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