The Bahamas and India produce both pineapple and rice (both measured in tons).The table below illustrates their production possibilities.
$$\begin{array} { r c r r }
&{ \text { The Bahamas } } & { \text { India } } \
\text { Rice } & \text { Pineapple } & \text { Rice } & \text { Pineapple } \
0 & 100 & 0 & 50 \
5 & 90 & 5 & 47.5 \
10 & 80 & 10 & 45 \
15 & 70 & 15 & 42.5 \
20 & 60 & 20 & 40 \
25 & 50 & 25 & 37.5 \
50 & 0 & 100 & 0
\end{array}$$ (a)In the Bahamas,what is the opportunity cost of a ton of pineapples,and of a ton of rice?
(b)In India,what is the opportunity cost of a ton of pineapple,and of a ton of rice?
(c)Which country has a comparative advantage in the production of pineapple?
(d)Construct a table showing both countries' combined effort with specialization.
(e)Draw two production possibilities curves; one showing the combined effort without specialization,and the other showing the combined effort with specialization.

Question

The Bahamas and India produce both pineapple and rice (both measured in tons).The table below illustrates their production possibilities.
 $$\begin{array} { r c r r } 
&{ \text { The Bahamas } } &  { \text { India } } \
\text { Rice } & \text { Pineapple } & \text { Rice } & \text { Pineapple } \
0 & 100 & 0 & 50 \
5 & 90 & 5 & 47.5 \
10 & 80 & 10 & 45 \
15 & 70 & 15 & 42.5 \
20 & 60 & 20 & 40 \
25 & 50 & 25 & 37.5 \
50 & 0 & 100 & 0
\end{array}$$ (a)In the Bahamas,what is the opportunity cost of a ton of pineapples,and of a ton of rice?
(b)In India,what is the opportunity cost of a ton of pineapple,and of a ton of rice?
(c)Which country has a comparative advantage in the production of pineapple?
(d)Construct a table showing both countries' combined effort with specialization.
(e)Draw two production possibilities curves; one showing the combined effort without specialization,and the other showing the combined effort with specialization.

Quizplus · Accepted Answer

The Answer of The Bahamas and India produce both pineapple and rice (both measured in tons).The table below illustrates their production possibilities.
 $$\begin{array} { r c r r } 
&{ \text { The Bahamas } } &  { \text { India } } \
\text { Rice } & \text { Pineapple } & \text { Rice } & \text { Pineapple } \
0 & 100 & 0 & 50 \
5 & 90 & 5 & 47.5 \
10 & 80 & 10 & 45 \
15 & 70 & 15 & 42.5 \
20 & 60 & 20 & 40 \
25 & 50 & 25 & 37.5 \
50 & 0 & 100 & 0
\end{array}$$ (a)In the Bahamas,what is the opportunity cost of a ton of pineapples,and of a ton of rice?
(b)In India,what is the opportunity cost of a ton of pineapple,and of a ton of rice?
(c)Which country has a comparative advantage in the production of pineapple?
(d)Construct a table showing both countries' combined effort with specialization.
(e)Draw two production possibilities curves; one showing the combined effort without specialization,and the other showing the combined effort with specialization.

The Bahamas and India Produce Both Pineapple and Rice (Both