ZIPDE Buad5500_E1.pdf 0 X X 1 of 4 Q - + QDAVE DULLD JOUU UIHIC A E Problem Set 1 Other Bookmarks View history, saved bookmarks, and more Out: June 14 Due: July 11 Instructions: Answer the following 15 questions. Submit your assignment in Canvas. Jack's production possibilities Jill's production possibilities Production Food Clothing Production Food point (pounds) Clothing (pounds) point (pounds) A 24 (pounds) and 0 A 45 and B 16 0 and B 30 and 5 8 and C 15 and D 10 O and 12 D 0 and 15 1. Consider the above table. Which good does Jack have a comparative advantage in producing? Which good does Jill have a comparative advantage in producing? 2. Consider the following scenario. Xavier and Yannis can switch between producing baskets and produc- ing birdhouses. Xavier uses 8 hours to produce 1 basket and 2 hours to produce 1 birdhouse. Yannis Type here to search O PDF 5:05 PM 7/9/2021