Refer to the following table to answer the questions that follow.

-Given an eight-hour workday,to experience gains from trade:
A) Alicia should make pizzas and Jay-Z should make cheesesteaks.
B) Alicia should make cheesesteaks and Jay-Z should make pizzas.
C) each should make their own cheesesteaks and pizzas.
D) Alicia should produce both pizzas and cheesesteaks.
E) Jay-Z should produce both pizzas and cheesesteaks.

Question

Refer to the following table to answer the questions that follow.
 
-Given an eight-hour workday,to experience gains from trade:
A) Alicia should make pizzas and Jay-Z should make cheesesteaks. 
B) Alicia should make cheesesteaks and Jay-Z should make pizzas. 
C) each should make their own cheesesteaks and pizzas. 
D) Alicia should produce both pizzas and cheesesteaks. 
E) Jay-Z should produce both pizzas and cheesesteaks.

Quizplus · Accepted Answer

Alicia and Jay-Z should specialize in the production of the good for which they have a comparative advantage to maximize gains from trade.

Refer to the Following Table to Answer the Questions That