Top Posters
Since Sunday
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Sublight2097 Sublight2097
wrote...
Go to Answer
Posts: 4132
Rep: 15 0
8 years ago
Gomer can make either 200 gallons of corn liquor (L) or 200 gallons of strawberry wine (W) every six months. Goober can make only 100 gallons of corn liquor (L) or 50 gallons of strawberry wine (W) every six months. Which statement below is true?
A) Neither can gain from specialization and exchange.
B) Only Goober can gain from specialization and exchange.
C) Both can gain through exchange if Gomer specializes in W and Goober specializes in L.
D) Both can gain through exchange if Gomer specializes in L and Goober specializes in W.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 155 times
3 Replies
Replies
Answer verified by a subject expert
Chimelo46Chimelo46
wrote...
#1
Top Poster
Posts: 5641
Rep: 449 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here

Related Topics

Sublight2097 Author
wrote...
#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
#3
8 years ago
Happy to assist!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1292 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 178
  
 891
  
 317
Your Opinion
Which is the best fuel for late night cramming?
Votes: 145
Previous poll results: Should Ph.D.'s be addressed as doctors?