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Only question b The following are the production schedules of city of Melbourne and Sydney. Production schedule of city of city Melbourne Carrot (unit per

Only question b

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The following are the production schedules of city of Melbourne and Sydney. Production schedule of city of city Melbourne Carrot (unit per day) onion (unit per day) 0 16 4 8 8 0 Production schedule of city of city Sydney Carrot (unit per day) onion (unit per day) 2 20 4 10 8 0 a)using the given information, show that the specialization and trade can be benefited individual and societies in details. You can assumes that the terms of trade are 4 unit of carrot for 10 unit of onion b)is city Melbourne facing te law of increasing opportunity costs? Explain and show your working

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