The table below shows how many Cars or Beams can be produced daily by one worker in Antigua and St. Martin.

Daily Output per Worker

Antigua Cars 38 Beams 5

St. Martin Cars 33 Beams 8

A) Based on the above production schedule, which country should produce each product under Absolute Advantage?

Antigua should produce________

St. Martin should produce_________

B) Based on the above, calculate the opportunity costs of the products in each country.Enter all answers to three decimal places.

Antigua

Number of Cars given up to produce 1 Beam:________

Number of Beams given up to produce 1 Car: _________

Saint Martin

Number of Cars given up to produce 1 Beam: _________

Number of Beams given up to produce 1 Car: _________

C) Based on your calculations in Part B, which country should produce which product under Comparative Advantage?

Antigua should produce_______

St. Martin should produce_______