Multiple Choice
-Refer to the above figure. Mario is self-sufficient and so is Mia. Each produces 6 dishes of pasta and 4 pizzas. Mario and Mia decide to specialize and trade. After they have specialized and traded, compared to the initial situation, Miaʹs opportunity cost of pasta has___________ and Marioʹs opportunity cost of a pizza has_________ .
A) decreased, decreased
B) increased, increased
C) decreased, increased
D) increased, decreased
Correct Answer:
Verified
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