Plot the PPC of a nation with the following data. Combination Healthcare All oth

Question

Plot the PPC of a nation with the following data. Combination    Healthcare   All othergoods A                            0               100      B                           25            90 C                           50               70 D                           75               40 E                            100               0 A. Calculate the marginal opportunity cost of eachcombination. B. What is the opportunity cost of combination C? C. Suppose a second nation has the following data. Plot thePPC, and then determine which nation has the comparative advantagein which activity. Show whether the two nations can gain fromspecialization and trade. Plot the PPC of a nation with the following data. Combination    Healthcare   All othergoods A                            0               100      B                           25            90 C                           50               70 D                           75               40 E                            100               0 A. Calculate the marginal opportunity cost of eachcombination. B. What is the opportunity cost of combination C? C. Suppose a second nation has the following data. Plot thePPC, and then determine which nation has the comparative advantagein which activity. Show whether the two nations can gain fromspecialization and trade.

Explanation / Answer

here is nation 2 for quetion c: Combination Health Care All Other Goods A 0 50 B 20 40 C 40 25 D 60 5 E 65 0 Combination Health Care All Other Goods A 0 50 B 20 40 C 40 25 D 60 5 E 65 0

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