An economy has two workers, Anne and Bill. Per day of work, Anne can pick 100 apples or 25 bananas, and Bill can pick 50 apples or 50 bananas. Anne and Bill each work 200 days per year. a. Anne's opportunity cost of picking one more apple is ___ banana
Bill's opportunity cost of picking one more apple is __ banana
___ has a comparative advantage in apple picking ___ has an absolute advantage in apple picking b. Assuming that only one fruit is picked in this economy, then the maximum number of each type of fruit that can be picked annually is either ___ apples or ___ bananas. c. If each worker fully specializes according to his or her comparative advantage, the maximum number of apples that can be picked annually is ___ , and the maximum number of bananas is ___ .