The attached econ30 image will help with answering the question. I need help with the econ31 image on where to place the symbol on each graph When a country has a comparative advantage in the production of a good, it means that it can produce this good at a lower opportunity cost than itstrading partner. Then the country will specialize in the production of this good and trade it for other goods.The following graphs show the production possibilities frontiers (PPFS) for Candonia and Lamponia. Both countries produce lemons and tea, eachinitially (i.e., before specialization and trade) producing 6 million pounds of lemons and 3 million pounds of tea, as indicated by the grey stars markedwith the letter A.(?CandoniaLamponia161614141212PPF1010PPF44--- --246810121416246810121416LEMONS (Millions of pounds)LEMONS (Millions of pounds)Candonia has a comparative advantage in the production oflemonswhile Lamponia has a comparative advantage in theproduction oftea. Suppose that Candonia and Lamponia specialize in the production of the goods in which each has acomparative advantage. After specialization, the two countries can produce a total of12 million pounds of lemons and12 million pounds oftea.TEA (Millions of pounds)TEA (Millions of pounds) The following graph shows the same PPF for Candonia as before, as well as its initial consumption at point A. Place a black point (plus symbol) on thegraph to indicate Candonia's consumption after trade.Note: Dashed drop lines will automatically extend to both axes.Candonia1614Consumption After Trade12106PPF226810121416LEMONS (Millions of pounds)The following graph shows the same PPF for Lamponia as before, as well as its initial consumption at point A.As you did for Candonia, placeblack point (plus symbol) on the following graph to indicate Lamponia's consumption after trade.Lamponia1614Consumption After Trade12PPF108642410121416LEMONS (Millions of pounds)TE A (Millions of pounds)TE A (Millions of pounds)

Name: The attached econ30 image will help with answering the question. I nee
Uploaded: 2022-12-02T21:52:30.000Z
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Description: The attached econ30 image will help with answering the question. I need help with the econ31 image on where to place the symbol on each graph When a country has a comparative advantage in the production of a good, it means that it can produce this go