Use the following table to answer Questions 1 and 2. The table shows the number of hours required to produce one unit of output of potatoes and fish in Denmark and Lithuania:

1. Graph the following curves by clicking here
   1. If Denmark has 1,000 hours of labor available, graph its production possibilities frontier. Select some point on Denmark's PPF and label the point A.
   2. Suppose Denmark and Lithuania agree to trade at an international terms of trade of 1 fish = 0.667 potatoes (or 1 potato = 1.5 fish). On Denmark's PPF, label the post-trade production point B.
   3. Draw and label the consumption possibilities frontier.
   4. Select a point on the CPF that would represent an increase in consumption of both goods relative to point A. Label the point C.



2. Graph the following curves by clicking here
   1. If Lithuania also has 1,000 hours of labor available, graph its production possibilities frontier. Select some point on Lithuania’s PPF and label the point D.
   2. Suppose Denmark and Lithuania agree to trade at an international terms of trade of 1 fish = 0.667 potatoes (or 1 potato = 1.5 fish). On Lithuania’s PPF, label the post-trade production point E.
   3. Draw and label the consumption possibilities frontier.
   4. Select a point on the CPF that would represent an increase in consumption of both goods relative to point D. Label the point F.


Use the following table to answer Question 3. The table shows the number of months of labor required to produce one unit of submarines and battleships in China and Russia:

	Submarines	Battleships
China	12	15
Russia	8	4

3. Graph the following curves by clicking here
   1. If China has 600 months of labor available, what is the maximum number of submarines it can produce?
   2. If China has 600 months of labor available, what is the maximum number of battleships it can produce?
   3. Graph China’s PPF, and label the point that involves production of 35 submarines and 12 battleships A.
   4. If the international price is 1 submarine = 1.2 battleships, draw China’s CPF.
   5. Select a point on the CPF that involves more submarines and more battleships. Label this point B.