(Solved): please help 12. Comparative and absolute advantage Bob and Cho are farmers, Each one owns a 16-acre ...

12. Comparative and absolute advantage Bob and Cho are farmers, Each one owns a 16-acre plot of land. The following table shows the amount of barley and alfalfa each farmer can produce per year on a.given acre. Each farmer chooses whether to devote all acres to producing barley or alfalfa or to produce barley on some of the land and alfaifa on the resti On the following graph, use the blue line (circle symbol) to plot sob's production possibilities frontier (PpF), and use the purple fine (diamond symbol) to plot Cho's PPF. On the following graph, use the blue line (Circie symbol) to plot Bobs production possibilties frontier (PPF), and use the purple line (diamond symbol) to plot Cho's PPF. has an absolute advantage in the production of barley, and has an absolute advantage in the production of alfalfa. Bob's opportunity cost of producing 1 bushel of aifalfa is busheis of barley, Whereas Cho's opportunity cost of producing 1 bushel of alfalfa is bushels of barley. Because Bole has a opportunity cost of producing alfalia than cho, has a cornporative advantage in the production of a falfa, and has a comparative advantage in the production of bariey.