In Table 6.1,if initially Jane has basket B and Bill has basket D,then we can conclude that a mutually beneficial trade _____.
A)does not exist
B)requires that Jane sell Pizza and Bill sell Coke
C)requires that Jane sell either Coke or Pizza
D)requires that Jane sell Coke and Bill sell Pizza

Question

Quizplus · Accepted Answer

If Jane has basket B and Bill has basket D, it implies that they already have what they prefer, and thus, there is no mutually beneficial trade possible.