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Other Fields Homework Help Economics Topic started by: jhaygood86 on Dec 27, 2017



Title: Mutually beneficial trade occurs if both persons
Post by: jhaygood86 on Dec 27, 2017
Mutually beneficial trade occurs if both persons
A) increase production of the product for which they have a comparative advantage.
B) decrease production of the product for which they have a lower opportunity cost.
C) increase production of the product for which they have a higher opportunity cost.
D) increase production of the product for which they have an absolute advantage.
E) increase consumption of the product for which they have a higher opportunity cost.


Title: Re: Mutually beneficial trade occurs if both persons
Post by: Aryan on Dec 27, 2017
A