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The graphs below show the production possibilities frontiers for grapes and lemons in Spain and Argentina, with their current level of production marked as points

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The graphs below show the production possibilities frontiers for grapes and lemons in Spain and Argentina, with their current level of production marked as points A and B. Spain's Production Possibilities Grapes (millions of tons) A O 1.4 1.6 1.8 20 Lemons (millions of tons)Argentina's Production Possibilities 6.0 5.6 4.8 4.4 4.0 Grapes (millions of tons) NNNOW Lemons (millions of tons) Instructions: Round your answers to one decimal place. a. At the current level of production, combination A In Spain and combination B in Argentina, how many grapes and lemons are produced in total? million tons of grapes million tons of lemons b. Use the Information above to compute the opportunity cost of producing 1 million tons of grapes in each country. For Spain, the opportunity cost of producing 1 million tons of grapes is million tons of lemons. For Argentina, the opportunity cost of producing 1 million tons of grapes is million tons of lemons.c. Use the Information above to compute the opportunity cost of producing 1 million tons of lemons in each country. For Spain, the opportunity cost of producing 1 million tons of lemons is million tons of grapes. For Argentina, the opportunity cost of producing 1 million tons of lemons Is million tons of grapes. d. With mutually beneficial trade, [Click to select) v will export grapes at a price higher than million tons of lemons but lower than million tons of lemons. e. With mutually beneficial trade, (Click to select) v will export lemons at a price higher than million tons of grapes but lower than million tons of grapes. f. As a result of international trade, the combined production of grapes and lemons between the two nations should Include (Click to select) v

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