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Question: global ppf and inereasing oppertunity costs the countries of england...

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Global PPF and Inereasing Oppertunity Costs The countries of England and Ihaly have the production possibilities tables for sheep and hogs s the costs of prodocing sheep and hogs Englands PRODUC TION POSSIBILITIES TABLE are constant in both countries. Assume there are only two countries in the world. itarys PROOUCTION POSSIBILITIES TABLE Aernelv 25 20 15 t0 Sheep Hogs 20 16 12 840 Hogs Taxk 8: If both England and Italy were to produce only sheep, how many sheep would be produced? Task 9: If both England and Italy were to produce only hogs, how many hogs would be produced? Task 10: If both England and Italy were to specialize and produce based on their comparative advantage, and if they are producing at full capacity, how many sheep and hogs will be produced?

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