Sh6 Bacon AutarkyEggs (oz.)Ren 6 4Eggs Bacon120 8010 80 300PIVUUCLIOTI WILLISpecialization.and TradeEggs2400specialization and trade.Bacon0Stimpy 8The table above provides the quantity of eggs and bacon that Ren and Stimpy canproduce in one hour. Use the table to answer the following questions. Be sure to fillin the blanks with numerics when dealing with numbers (i.e. write 1 instead of one).Assume complete specialization to compute production under specialization andtrade.400Suppose the terms of trade are 1 egg: 0.85 oz. of bacon and 100 eggs are traded.Then Ren will consumeA/ (number) eggs after specialization andAtrade, which nets him a gain of(number) eggs. Stimpy will consume(number) ounces of bacon, which nets him a gain ofAA(number) eggs and(number) ounces of bacon afterP

In autarky , Ren produces and consumes 120 eggs and 80 bacons. Stimpy produces and consumes 80 eggs…

Bacon Autarky Eggs (oz.) PIVUUCLIOII WILLI Specialization. and Trade Eggs Bacon Eggs Bacon 120 80240 0 Ren 6 4 Stimpy 8 10 80 300 0 The table above provides the quantity of eggs and bacon that Ren and Stimpy ca produce in one hour. Use the table to answer the following questions. Be sure to in the blanks with numerics when dealing with numbers (i.e. write 1 instead of or Assume complete specialization to compute production under specialization and trade. 400 Suppose the terms of trade are 1 egg: 0.85 oz. of bacon and 100 eggs are traded Then Ren will consume A (number) eggs after specialization