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uestion 3 Consider the attached table which gives labor requirement coefficients used in the production of Wheat and Flowers for Country A and Country B

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uestion 3 Consider the attached table which gives labor requirement coefficients used in the production of Wheat and Flowers for Country A and Country B including their total labor supply, Assume labor Is the only resource and it is homogenous within a nation. Construct an appropriate total production table and /or draw the PPF curve as needed to answer this question (to draw the PPF curve, plot Wheat vertically and Flower horizontally). What is the opportunity cost (MRT) of producing one unit of Flower in country A and country B respectively in that order (select the answer based on dosest possible itumber)? Country Labor Coefficient Labor coefficient for Labor Supply for Wheat (Hours) Flowers (Hours) (million Hours) Country A 4 6 300 Country B 6 300 O a Country A: 1F = 1.5W and Country B 1F = 0.67W b. Country A: 1F = 0.67W and Country B: 1F = 1.5W O c. Country A: 1F = 2.0W and Country B. 1F = 1.5W O d. Country A: IF = 0.67W and Country B: 1F = 2.0W Question 1 of 100 2

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