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Using the Figure Above, If Jack and Jill Specialise and Gain

question 8

Multiple Choice

  Using the figure above, if Jack and Jill specialise and gain from trade, then A)  Jack specialises in the production of soft drink. B)  Jack specialises in the production of bottled water. C)  Jack specialises on the production of soft drink and water. D)  Jack and Jill produce beyond their PPF. E)  Jack produces equal amounts of water and bottled water. Using the figure above, if Jack and Jill specialise and gain from trade, then


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