You are curious at the disparity in productivity for Fast Cars and Cool Toys in both states. Professorville appears to be relatively abundant in Book Smarts (abundant good), but scarce in common sense (especially compared to Studentlandia). Studentlandia appears to be relatively abundant in Common Sense (abundant good), but scarce in Book Smarts (at least relative to Professorville). It turns out that: Fast Cars require more Common Sense than Book Smarts. (i.e. Fast Cars use Common Sense more intensively in their production) Cool Toys require more Book Smarts than Common Sense. (i.e. Cool Toys use Book Smarts more intensively in their production) Knowing this information: (a) Which good will each state likely specialize in under free trade (b) In the short term, what will happen to the price of the goods under free trade: Fast Cars in Studentlandia? Fast Cars in Professorville? Cool Toys in Studentlandia? Cool Toys in Professorville? (c) In the long term, what will happen to the price of these factor inputs under free trade Common Sense in Studentlandia? Common Sense in Professorville? Book Smarts in Studentlandia? Book Smarts in Professorville? (d) Which factor input would you rather possess in Professorville based on these price trends - Common Sense or Book Smarts? In Studentland?