Regan grows flowers and makes vases. Jayson also grows flowers and makes vases, but Regan is better at producing both. In this case, who could benefit from trade?
A)Both Jayson and Regan.
B)Jayson, but not Regan.
C)Regan, but not Jayson.
D)Neither Jayson nor Regan.

Question

Quizplus · Accepted Answer

Both Jayson and Regan could benefit from trade if they specialize in the production of the good for which they have a comparative advantage, even if Regan is better at producing both.

Regan Grows Flowers and Makes Vases