Scenario: Jack and Jill want to have a huge barbeque, but they can't decide who should make the hamburgers and who should make the hot dogs. Based off of their past production, Jack can make 10 hamburgers per hour and 5 hot dogs per hour. Jill is able to make 1 hamburger per hour and 4 hot dogs per hour. Fill in the following chart: Person Hamburgers per hour Hot Dogs per hour Jack 10 5 Jill 4 1. Who has the absolute advantage in making the hamburgers? (please highlight) Jack Jill 2. Who has the absolute advantage in making the hot dogs? (Please highlight) Jack Jill Based off of the chart above, fill in the chart below to find the opportunity cost of each good Person Opportunity Cost of 1 Opportunity Cost of 1 hot hamburger dog Jack 1/2 hot dog 2 hamburgers Jill 4 hot dogs 1/4 hamburger 3. What is the opportunity cost of 1 hamburger for Jack? 4. What is the opportunity cost of 1 hot dog for Jack? 5. What is the opportunity cost of 1 hamburger for Jill? 6. What is the opportunity cost of 1 hot dog for Jill? 7. Based off of the opportunity cost, who has the comparative advantage in making the hamburgers for the barbeque? (Please highlight) Jack Jill 8. Based off of the opportunity cost, who has the comparative advantage in making the hot dogs for the barbeque? (Please highlight)