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Figure 3-2 -Refer to Figure 3-2.Assume That Cliff and Paul Were Both

Question 32

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Figure 3-2 -Refer to Figure 3-2.Assume that Cliff and Paul were both producing wheat and corn,and both were dividing their time equally between the two.Then they decide to specialize in the product for which they have a comparative advantage and trade 3 bushels of wheat for 3 bushels of corn.What would Cliff now be able to consume A)5 bushels of wheat and 3 bushels of corn B)4 bushels of wheat and 3 bushels of corn C)3 bushels of wheat and 5 bushels of corn D)3 bushels of wheat and 3 bushels of corn

Figure 3-2
Figure 3-2 -Refer to Figure 3-2.Assume that Cliff and Paul were both producing wheat and corn,and both were dividing their time equally between the two.Then they decide to specialize in the product for which they have a comparative advantage and trade 3 bushels of wheat for 3 bushels of corn.What would Cliff now be able to consume A) 5 bushels of wheat and 3 bushels of corn B) 4 bushels of wheat and 3 bushels of corn C) 3 bushels of wheat and 5 bushels of corn D) 3 bushels of wheat and 3 bushels of corn
-Refer to Figure 3-2.Assume that Cliff and Paul were both producing wheat and corn,and both were dividing their time equally between the two.Then they decide to specialize in the product for which they have a comparative advantage and trade 3 bushels of wheat for 3 bushels of corn.What would Cliff now be able to consume


A) 5 bushels of wheat and 3 bushels of corn
B) 4 bushels of wheat and 3 bushels of corn
C) 3 bushels of wheat and 5 bushels of corn
D) 3 bushels of wheat and 3 bushels of corn

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