Use the Information Below to Answer the Following Questions

question 51

Multiple Choice

Use the information below to answer the following questions.
Fact 2.4.1
In an eight-hour day, Andy can produce either 24 loaves of bread or 8 kilograms of butter. In an eight-hour day, Rolfe can produce either 8 loaves of bread or 8 kilograms of butter.
-Given Fact 2.4.1, Andy and Rolfe

• A)can gain from trade if Andy specializes in butter production and Rolfe specializes in bread production.
• B)can gain from trade if Andy specializes in bread production and Rolfe specializes in butter production.
• C)cannot gain from trade.
• D)can trade, but only Rolfe will gain.
• E)can trade, but only Andy will gain.

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