QUESTION 1 7 1 point. SaveAmwer Suppose that L0 and Manuel can either run errands or wash dishes. Their maximum outputs per hour are listed in the following table. Given the same quantity of resources, at what terms of trade [relative price ratio) could they specialize and trade so that both consume outside their own production possibilitim frontiers [PF st? Erranda Run bpporhmily Coat Dishes Washed bppnrlunity Casi of 1 Errand of 'I D'Bh Washed be 1 60 dishes 60 at) errand Manuel 15 dishes 1H5 errand A- a_1 enand run per 10 dishes washed lA- b.1 errand run per 35 dishes washed A (:1 errand mn per 75 dishes washed \"- d.1 errand run per 6 dishes washed A- e_1 enand run per 12 dishes washed QUESTION 24 1 points SavaArIawar Refer to Me foi'owing r'nbrmation i0 answer the following questions. Two rms both ernitapoiluiant and the government wants to reduce emissrbns of this polluiant. Each rm can choose to emit up to skunir. As rms reduce emissions, there is a nurginal' cosine: unit This daia is presented in the accompanying liable. rm 1 rm 1 rm 2 irm 2 Emissions Marginal Goat Emissions animal Coal 0 $60 0 $120 1 $50 1 5100 2 $40 2 $80 3 $30 3 [$60 4 $20 4 B40 .5 $10 5 I820 a $0 The government allocates three allowance; to each firm, where each allowance allows one unit to be emitted. The optimal oumome in this case is for to sell one permit to the other rm, and a price that will be agreeable to both is -A a. Firm 2; $40 -A b. Firm 1; $90 -A a. Firm 2; $100 IA'd. Firm 1; $1 0 A e. Firm 1; $50