39
(Choose 1 answer)
(17734) Refer to Table 3-1. At which of the following prices would both Sardi and Tinaka gain from trade with each other?
Table 3-1
Assume that Sardi and Tinaka can switch between producing corn and producing pork at a constant rate.
A. 24 bushels of corn for 34 pounds of pork
Minutes Needed to Make 1 Bushel of Corn Pound of Pork
20
15
12
10
Sardi
B. 6 bushels of corn for 10.5 pounds of pork
Tinaka
C. Sardi and Tinaka could not both gain from trade with each other at any price.
D. 12 bushels of corn for 19 pounds of pork
