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Question: questions 1015 the figure below shows the production possibility curve...

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Questions 10-15: The figure below shows the production possibility curve (PPC) of Canada. The line TTo shows the trade line with the price ratio of 1 book/candle. Ij and I2 are two of the community indifference curves of Canada. books 2 80 2 0 50 PPC 0 25 65 85 candles 12. Which of the following can be inferred from this figure? a. Canada has a comparative advantage in the production of books Canada has a comparative advantage in the production of candles C. Canada has an absolute disadvantage in the production of both the goods Canada has absolute advantage in the production of both the goods

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