Table 3-1 Assume That Sardi and Tinaka Can Switch Between Producing Corn

question 132

Multiple Choice

Table 3-1
Assume that Sardi and Tinaka can switch between producing corn and producing pork at a constant rate.

-Refer to Table 3-1.At which of the following prices would both Sardi and Tinaka gain from trade with each other?

• A) 6 bushels of corn for 10.5 pounds of pork
• B) 12 bushels of corn for 19 pounds of pork
• C) 24 bushels of corn for 34 pounds of pork
• D) Sardi and Tinaka could not both gain from trade with each other at any price.

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