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Assume That Jeff and Jane Both Consume Only Two Goods,burgers,and

Question 17

Multiple Choice

Assume that Jeff and Jane both consume only two goods,burgers,and soft drinks.Jeff is willing to trade three soft drinks for one more burger,while Jane is willing to trade only two soft drinks for one more burger.Under these conditions:


A) Jeff should trade soft drinks for burgers.
B) Jeff would be willing to trade,but Jane would not.
C) Jeff should trade burgers for soft drinks.
D) Jane would be willing to trade,but Jeff would not.

Correct Answer:

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