use the following table to answer the questions : Table 6.1 lists five baskets of two goods,pizza and coke,for each of two consumers,Jane and Bill.

-In Table 6.1,if initially Jane has basket B and Bill has basket D,then we can conclude that a mutually beneficial trade _____.
A)does not exist
B)requires that Jane sell Pizza and Bill sell Coke
C)requires that Jane sell either Coke or Pizza
D)requires that Jane sell Coke and Bill sell Pizza

Question

use the following table to answer the questions : Table 6.1 lists five baskets of two goods,pizza and coke,for each of two consumers,Jane and Bill.

-In Table 6.1,if initially Jane has basket B and Bill has basket D,then we can conclude that a mutually beneficial trade _____.
A)does not exist 
B)requires that Jane sell Pizza and Bill sell Coke 
C)requires that Jane sell either Coke or Pizza 
D)requires that Jane sell Coke and Bill sell Pizza

Quizplus · Accepted Answer

A mutually beneficial trade does not exist if both parties already have what they prefer most, or if there is no combination of goods that would make both parties better off than they currently are with their initial baskets.

Use the Following Table to Answer the Questions : Table