This Question: 1 pt 9 of 14 (13 complete) The production possibilities frontiers

Question

This Question: 1 pt 9 of 14 (13 complete) The production possibilities frontiers in the figure to the right show how many bananas and coconuts you (Y) and your neighbor (N) can consume without trade. Suppose you are initially consuming 10 bananas and 4 coconuts and your neighbor is initially consuming 10 bananas and 4 coconuts. Now, suppose you and your neighbor specialize by each only producing the good for which you have a comparative advantage. You give your neighbor half of your production for half of what he produces. responses as integers.) (Enter all If you trade with your neighbor, then you will have and L1 additional bananas). additional coconut(s) after the trade At the same time, your neighbor will be able to consumeadditional banana(s) and will be as a result of trade. Enter your answer in each of the answer boxes

Explanation / Answer

2 coconuts and 20 bananas.

Explanation-(6-4)=2 and (30-10)=20.

2 bananas and 20 coconuts.

Explanation-(12-10)=2 and (24-4)=20.

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