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Tiger Kingdom Carolland 20 Husbands O - NWAUTO VOODOO = NWACO VOODOO Husbands O-NWAVIO NOOOOO- NWACO 0 1 2 3 4 5 6 7 8

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Tiger Kingdom Carolland 20 Husbands O - NWAUTO VOODOO = NWACO VOODOO Husbands O-NWAVIO NOOOOO- NWACO 0 1 2 3 4 5 6 7 8 9 10 11 1213 14 15 16 0 1 2 3 4 5 6 7 8 9 10 11 1213 14 15 16 Tigers Tigers Two nations, Tiger Kingdom and Carolland produce tigers and husbands. The production possibilities frontiers are above. For this question partial tigers and husbands are possible. (10 points) a. Are opportunity costs increasing, decreasing or constant in the Tiger Kingdom? b. Are opportunity costs increasing, decreasing or constant in Carolland? c. What is the opportunity cost of a tiger in the Tiger Kingdom? d. What is the opportunity cost of a tiger in Carolland? e. What is the opportunity cost of a husband in the Tiger Kingdom? f. What is the opportunity cost of a husband in Carolland? g. Which country has the comparative advantage in tigers? h. Which country has the comparative advantage in husbands? i. If the countries trade, which country should specialize in husbands? j. If the countries trade, which country should specialize in tigers? k. What is the range of prices of husbands that would benefit both countries

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