Chapter 8, Problem 7P

(a)

To determine

The opportunity cost of producing fish and coconut in both N and F in addition to the comparative advantage.

(b)

To determine

The blanks mentioned in the table.

(c)

To determine

The nation that receives better deal with respect to trade.

(d)

To determine

Whether the nations N and F would ever trade for 60 coconuts and 20 fishes.