Based on the data in Table 3.1, if Jesse and April choose to specialize and trade, then

A) April will specialize in painting snowboards and trade snowboards for kites.
B) Jesse will specialize in painting snowboards and trade snowboards for kites.
C) April will specialize in painting kites and trade kites for snowboards.
D) None of the above; specialization and trade are not beneficial for Jesse and April.

A

Economics

You might also like to view...

When quantity supplied is more than quantity demanded:

a. supply shock b. shortage c. excess supply d. disequilibrium e. search costs

Economics

The goal of equity is fundamentally a positive issue

a. True b. False

Economics