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Figure 3-1 -Refer to Figure 3-1.Assume That Cliff and Paul Were Both

Question 27

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Figure 3-1 -Refer to Figure 3-1.Assume that Cliff and Paul were both producing wheat and corn,and each was dividing their time equally between the two.Then they decide to specialize in the product they have a comparative advantage in and trade 3 bushels of wheat for 3 bushels of corn.What would Cliff now be able to consume A)4 bushels of wheat and 3 bushels of corn B)3 bushels of wheat and 4 bushels of corn C)3 bushels of wheat and 3 bushels of corn D)2 bushels of wheat and 3 bushels of corn

Figure 3-1
Figure 3-1 -Refer to Figure 3-1.Assume that Cliff and Paul were both producing wheat and corn,and each was dividing their time equally between the two.Then they decide to specialize in the product they have a comparative advantage in and trade 3 bushels of wheat for 3 bushels of corn.What would Cliff now be able to consume A) 4 bushels of wheat and 3 bushels of corn B) 3 bushels of wheat and 4 bushels of corn C) 3 bushels of wheat and 3 bushels of corn D) 2 bushels of wheat and 3 bushels of corn
-Refer to Figure 3-1.Assume that Cliff and Paul were both producing wheat and corn,and each was dividing their time equally between the two.Then they decide to specialize in the product they have a comparative advantage in and trade 3 bushels of wheat for 3 bushels of corn.What would Cliff now be able to consume


A) 4 bushels of wheat and 3 bushels of corn
B) 3 bushels of wheat and 4 bushels of corn
C) 3 bushels of wheat and 3 bushels of corn
D) 2 bushels of wheat and 3 bushels of corn

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