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Suppose Sam and Kevin Can Produce Pens and Pencils as Shown

Question 22

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Suppose Sam and Kevin can produce pens and pencils as shown in the table below.
Suppose Sam and Kevin can produce pens and pencils as shown in the table below. (a)Who has a comparative advantage in producing pens? Who has a comparative advantage in producing pencils? (b)Suppose Sam and Kevin have to each give Flip,a common friend,10 pens and 10 pencils.Is there a trade that will make both of them better off? If a trade that would make both of them better off exists,describe such a trade.If there is no such trade that would make both of them better off,explain why. (a)Who has a comparative advantage in producing pens? Who has a comparative advantage in producing pencils?
(b)Suppose Sam and Kevin have to each give Flip,a common friend,10 pens and 10 pencils.Is there a trade that will make both of them better off? If a trade that would make both of them better off exists,describe such a trade.If there is no such trade that would make both of them better off,explain why.

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