Production possibility curves

Suppose Mike and Johnson produce two products-hamburgers and T-shirts. Mike produces 10 hamburgers or 3 T-shirts a day and Johnson produces 7 hamburgers or 4 T-shirts. Assuming they can devote time in making either hamburgers or T-shirts
a.Draw the production possibility curves?
b.Who enjoys the absolute advantage of producing both?
c.Who has higher opportunity cost of making T-shirts?
d.Who has a comparative advantage in producing hamburgers?

Sample Solution