Ben Bakes Bread and Shawna Knits Sweaters

question 409

Multiple Choice

Ben bakes bread and Shawna knits sweaters.Ben and Shawna both like to eat bread and wear sweaters.In which of the following cases is it impossible for both Ben and Shawna to benefit from trade?

• A) Ben cannot knit sweaters and Shawna cannot bake bread.
• B) Ben is better than Shawna at baking bread and Shawna is better than Ben at knitting sweaters.
• C) Ben is better than Shawna at baking bread and at knitting sweaters.
• D) Both Ben and Shawna can benefit from trade in all of the above cases.

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Definitions:

Assignment

A task or piece of work allocated to someone as part of a job or course of study.

Settlement

An agreement reached between parties in a dispute, typically without admission of guilt or fault, to resolve the matter without further legal action.

Debt

Money owed by one party to another under the condition that it will be paid back, often with interest.

Statute Law

Written laws enacted by a legislative body, governing various aspects of societal conduct.