Using the figure above, if Jack and Jill specialise and gain from trade, then
A) Jack specialises in the production of soft drink.
B) Jack specialises in the production of bottled water.
C) Jack specialises on the production of soft drink and water.
D) Jack and Jill produce beyond their PPF.
E) Jack produces equal amounts of water and bottled water.

Question

Using the figure above, if Jack and Jill specialise and gain from trade, then
A) Jack specialises in the production of soft drink. 
B) Jack specialises in the production of bottled water. 
C) Jack specialises on the production of soft drink and water. 
D) Jack and Jill produce beyond their PPF. 
E) Jack produces equal amounts of water and bottled water.

Quizplus · Accepted Answer

The Answer of  Using the figure above, if Jack and Jill specialise and gain from trade, then
A) Jack specialises in the production of soft drink. 
B) Jack specialises in the production of bottled water. 
C) Jack specialises on the production of soft drink and water. 
D) Jack and Jill produce beyond their PPF. 
E) Jack produces equal amounts of water and bottled water.

Using the Figure Above, If Jack and Jill Specialise and Gain