Microeconomic PPF question

QUESTION 1 Each person in this section can work eight (8) hours in a day. Jack and Wynn are outdoorsman. There are only two actions they can perform: successfully catch a Fish (F) or successfully Hunt/Harvest (H) a game animal. They can perform either of these things as described in the table below: Hours to Hours to Fish (F) Hunt (H) Jack 16 Wynn 24 1) (5) Does either Jack or Wynn have an absolute advantage to Fish (F) Why? 2) (5) Does either Jack or Wynn have a comparative advantage to Hunt (H)? Why? 3) (5) Construct a production possibilities frontier (PPF) for Jack with Fish (F) on the vertical axis and Hunt (H) on the horizontal. 4) (5) Construct a joint PPF that includes both Jack and Wynn's production with Fish (F) on the vertical axis and Hunt (H) on the horizontal. [It may be helpful if you first construct Wynn's PPF.] 5) (5) If Jack and Wynn go on a camping trip, who, if anyone, should specialize in what? Why? Attach File Browse Local Files Browse Content Collection