The figure below shows the production-possibilities frontiers of Wakanda and the United States. The points on each axis represent the maximum quantities that each country could produce if they specialized entirely in one good or the other. According to the graph, who has a comparative advantage in producing steel? Steel (tons) United a0 States 400 600 Vibranium (tons) O Wakanda (O Neither country has a comparative advantage in steel production. (O Both countries have a comparative advantage in steel production. () The United States (O It is impossible to tell from this graph which county has a comparative advantage in steel production. The figure below shows the production-possibilities frontiers of Wakanda and the United States. The points on each axis represent the maximum quantities that each country could produce if they specialized entirely in one good or the other. According to this graph, which country has a comparative advantage in production of vibranium? Steel (tons) Vibranium (tons) O It is impossible to tell from this graph which country has comparative advantage in vibranium production. (O Neither country has comparative advantage in vibranium production. (O Both countries have comparative advantage in vibranium production. O The United States O Wakanda The figure below shows the production-possibilities frontiers of Wakanda and the United States. The points on each axis represent the maximum quantities that each country could produce if they specialized entirely in one good or the other. If both countries specialize in producing the good in which they have a comparative advantage, which of the following accurately describes the direction of trade? Steel (tons) United 200 States 400 600 Vibranium (tons) (O The United States exports both steel and vibranium. (O Wakanda exports steel and the US exports vibranium. (O Wakanda exports vibranium and the US exports steel. O The two countries do not trade since the United States can produce more of both goods. (O Wakanda exports both steel and vibranium. The figure below shows the production-possibilities frontiers of Wakanda and the United States. The points on each axis represent the maximum quantities that each country could produce if they specialized entirely in one good or the other. If both countries completely specialize in producing the good in which they have a comparative advantage, together they will produce Steel (tons) United 500 States 400 600 Vibranium (tons) (O 400 tons of vibranium and 800 tons of steel. (O 1000 tons of vibranium and 1300 tons of steel. (O 600 tons of vibranium and 800 tons of steel. (O 600 tons of vibranium and 500 tons of steel. (O The answer cannot be determined from the information given. The figure below shows the production-possibilities frontiers of Wakanda and the United States. The points on each axis represent the maximum quantities that each country could produce if they specialized entirely in one good or the other. According to this graph, the opportunity cost of producing a ton of steel in Wakanda is Steel (tons) 800 United At States 400 600 Vibranium (tons) O 5/4. O 5/8. O 2/3. O 4/5. O 3/2 O 8/5. The figure below shows the production-possibilities frontiers of Wakanda and the United States. The points on each axis represent the maximum quantities that each country could produce if they specialized entirely in one good or the other. According to this graph, the opportunity cost of producing a ton of steel in the US is Steel (tons) United ali) States 400 600 Vibranium (tons) O 8/5. O 5/4. O 5/8. O 8/6 O 4/5. O 6/8