Two neighbors,Molly and Sandy,are separated by a white picket fence.Each neighbor has a garden that grows tomatoes and peppers.To gain from trade,_____ can trade _____ to _____ for _____ if _____ is the more efficient grower of peppers.
A) Molly;peppers;Sandy;peppers;Molly
B) Sandy;tomatoes;Molly;peppers;Sandy
C) Sandy;peppers;Molly;tomatoes;Molly
D) Molly;peppers;Sandy;tomatoes;Molly
Correct Answer:
Verified
Q104: If equilibrium exists:
A)all individuals must have an
Q105: Gains from trade exist for:
A)individuals only.
B)states only.
C)countries
Q106: An economy is efficient if it is:
A)possible
Q107: Individuals gain from trade because:
A)of specialization in
Q108: If every individual were required to be
Q110: Which statement is NOT true?
A)Resource scarcity is
Q111: Specialization and trade should NOT lead to:
A)individuals
Q112: If a market is in disequilibrium:
A)it will
Q113: According to economic models of trade,when the
Q114: Which statement is CORRECT?
A)Resource scarcity is not
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