Use the production possibilities data below for Avokia and Baldonia to answer the following question(s) .
Table 2-2
-Refer to Table 2-2.Which of the following would be a mutually agreeable rate of exchange?
A) Baldonia trades one orange to Avokia for every one apple.
B) Baldonia trades one orange to Avokia for every two apples.
C) Baldonia trades one orange to Avokia for every three apples.
D) Baldonia trades one orange to Avokia for every four apples.
Correct Answer:
Verified
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