Use the Production Possibilities Data Below to Answer the Following

question 165

Multiple Choice

Use the production possibilities data below to answer the following question(s) . Table 2-3
Refer to Table 2-3. The farmer and the rancher both could benefit if the farmer were to specialize in

• A) meat and the rancher were to specialize in potatoes.
• B) potatoes and the rancher were to specialize in meat.
• C) neither good and the rancher were to specialize in both goods.
• D) none of the above; they cannot both benefit by specialization and trade.

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