Multiple Choice
Figure 3-1
-Refer to Figure 3-1.Assume Cliff and Paul were both producing wheat and corn,and each person was dividing his time equally between the two.Then each decides to specialize in the product in which he has a comparative advantage.As a result of this change,total production of corn would
A) increase by 1 bushel.
B) increase by 3 bushels.
C) increase by 5 bushels.
D) decrease by 2 bushels.
Correct Answer:
Verified
Related Questions