Figure 14-3

-In Figure 14-3, if person 1 and person 2 have the indicated quantities of cheese and crackers, and are on the indicated indifference curves, is there the possibility of mutually beneficial trade?
Explain.

Question

Figure 14-3
 
-In Figure 14-3, if person 1 and person 2 have the indicated quantities of cheese and crackers, and are on the indicated indifference curves, is there the possibility of mutually beneficial trade?
 Explain.

Quizplus · Accepted Answer

The Answer of Figure 14-3
 
-In Figure 14-3, if person 1 and person 2 have the indicated quantities of cheese and crackers, and are on the indicated indifference curves, is there the possibility of mutually beneficial trade?
 Explain.

Figure 14-3 -In Figure 14-3, If Person 1 and Person 2 Have