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The following table shows how many days it takes Country S and Country T to make either one truck or one helicopter. Answer the questions

The following table shows how many days it takes Country S and Country T to make either one truck or one helicopter. Answer the questions that follow, using this data.

Truck

Helicopter

Country S

8 days

10 days

Country T

15 days

12 days

Is this an input or an output problem?

Calculate Country S's opportunity cost of making 1 truck.

Calculate Country S's opportunity cost of making 1 helicopter.

Calculate Country T's opportunity cost of making 1 truck.

Calculate Country T's opportunity cost of making 1 helicopter.

Who has the comparative advantage in producing trucks?

Who has the comparative advantage in producing helicopters?

Is 1 truck for 2 helicopters beneficial to both parties? Explain.

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