Question

Suppose Amber and Jade can spend their days making croissants or writing poems. Their output per hour at each activity is the following: Croissants Poems Amber 40 4 Jade 30 1/3 In this situation, can mutually beneficial trade occur? Question 10Select one: A. No, because Amber and Jade have the same opportunity cost of producing both goods. B. No, because Jade is more productive than Amber at both activities. C. No, because Amber more productive than Jade at both activities. D. Yes, if Amber specializes in writing poems and trades them to Jade for her croissants. E. Yes, if Amber specializes in making croissants and trades them to Jade for her poems.

          Suppose Amber and Jade can spend their days making croissants or writing poems. Their output per hour at each activity is the following:
Croissants
Poems
Amber
40
4
Jade
30
1/3
In this situation, can mutually beneficial trade occur?
Question 10Select one:
A.
No, because Amber and Jade have the same opportunity cost of producing both goods.
B.
No, because Jade is more productive than Amber at both activities.
C.
No, because Amber more productive than Jade at both activities.
D.
Yes, if Amber specializes in writing poems and trades them to Jade for her croissants.
E.
Yes, if Amber specializes in making croissants and trades them to Jade for her poems.

Added by Sheryl B.

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