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Question 2 George and Martha are furniture producers who can produce tables and chairs. The table below the number of each that they can produce

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Question 2 George and Martha are furniture producers who can produce tables and chairs. The table below the number of each that they can produce per week. Tables Chairs George '1 0 20 Ma rtha 4 '12 A. Who has an absolute advantage in producing tables? chairs? B. What is the opportunity cost for George of tables in terms of chai rs? C. Who has a comparative advantage in producing tables? D. Suppose that George and Martha go into business together making dining sets that include one table and two chairs. What is the greatest number of dining sets the}.r can produce

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