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The following figure shows the free-trade production and consumption in Country Y. AB is the production-possibility curve of Country Y. I 1 is the community

The following figure shows the free-trade production and consumption in Country Y. AB is the production-possibility curve of Country Y. I1is the community indifference curve of Country Y. Here, Country Y's production-possibility curve indicates that it faces _____ marginal costs of production.

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Cheese (pounds) 120 A S1 70 C1 20 L I1 40 B 90 Wine (gallons) International Price = Country Y 1 C/W

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