Bea bakes pastries well,and Lucian raises great herbs.If Lucian trades parsley with Bea in exchange for cupcakes,then

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Quizplus · Accepted Answer

By trading parsley for cupcakes, Lucian is able to obtain cupcakes that he otherwise would not have had. Similarly, Bea is able to obtain parsley that she otherwise would not have had. Therefore, both are made better off by the trade. This is an example of gains from trade, where both parties can benefit even if one is more skilled at producing a certain good than the other.

Bea Bakes Pastries Well,and Lucian Raises Great Herbs