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Question #2 (14 points) Brazil and Peru produce both tea and wheat using labor as the only input. The table below shows the labor hours
Question #2 (14 points) Brazil and Peru produce both tea and wheat using labor as the only input. The table below shows the labor hours required to produce a unit of tea and a unit of wheat in each country. Part A: Assume that each country is given 36 hours, fill out the table below with the total amount of tea and wheat that each country can make. (4 points) Part B: Now, using the production possibilities vou determined from Part A, fill out the opportunity cost table below. (4 points) Countries Oppnrtu@ty Cost of making 1: T [ When | | Part C: Who has the comparative advantage in wheat? How do you know this? (2 points) Part D: Who has the comparative advantage 1n tea? How do vou know this? (2 points) part D change? Or do they not change? (2 points)
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