Please refer to the followingproduction possibilities information to answer the following questions.

Mark's Production Possibilities

Ian's Production Possibilities

Cups

Plates

Cups

Plates

A

600

0

A

200

0

B

0

150

B

0

100

Question 47(1 point)

Question 47 options:

Who has the advantage: mark or ian?

has anabsoluteadvantage in producing cups.

has anabsoluteadvantage in producing plates.

Question 48(1 point)

Question 48 options:

Mark's opportunity cost of producing acupis _____ plates. (if needed, round to two decimal places ie: 0.00)

Question 49(1 point)

Question 49 options:

Mark's opportunity cost of producing aplateis ____ cups. (if needed, round to two decimal places ie: 0.00)

Question 50(1 point)

Question 50 options:

Ian's opportunity cost of producing acupis ____ plates. (if needed, round to two decimal places ie: 0.00)

Question 51(1 point)

Question 51 options:

Ian's opportunity cost of producing aplateis ____ cups. (if needed, round to two decimal places ie: 0.00)

Question 52(1 point)

Question 52 options:

Who has the advantage: mark or ian?

has acomparativeadvantage in producing cups.

has acomparativeadvantage in producing plates.