-Refer to Exhibit 3-11.Fill in blanks (A)and (B)respectively with "Exchange" or "No Exchange" to indicate whether or not exchange would take place at the given prices.
A) Exchange; Exchange
B) Exchange; No Exchange
C) No Exchange; Exchange
D) No Exchange; No Exchange

Question

-Refer to Exhibit 3-11.Fill in blanks (A)and (B)respectively with "Exchange" or "No Exchange" to indicate whether or not exchange would take place at the given prices.
A) Exchange; Exchange 
B) Exchange; No Exchange 
C) No Exchange; Exchange 
D) No Exchange; No Exchange

Quizplus · Accepted Answer

Without the specific details from Exhibit 3-11, it's impossible to provide a tailored explanation. However, in general, whether an exchange takes place depends on the relative valuations of the goods or services by the parties involved. If both parties value what the other has more than what they themselves have, an exchange is likely. If not, no exchange will occur.