Plz write in text not in a pic thank you 3. You and your neighbor are...

Opportunity Cost of berries to me = 12/24 = 0.5pound squash

Opportunity cost of producing squash to neighbor = 24/12 = 2 pound berries

Opportunity Cost of berries to neighbor = 8/8 = 1 pound squash

Opportunity cost of producing squash to neighbor = 8/8 = 1 pound berries

Since the opportunity cost of berries is lower for me and the opportunity cost of squash is lower for the neighbor. Therefore, I will specialize in berries and will only produce and the neighbor will specialize in squash and will only produce squash.

Total berries that will be produced = 24pound and total squash tht will be produced will be equal 8pounds.

Therefore the neighbor and I will trade 2 pound berries for one pound of squash

Thus the neighbor will consume 8pound berries and 4 pound squash.

I will consume 16 pounds of berries and 4 pounds of squash.