Before Frank and Ruby engage in trade, each of them a. consumes at a point inside his
Question:
Before Frank and Ruby engage in trade, each of them
a. consumes at a point inside his or her production possibilities frontier.
b. consumes at a point on his or her production possibilities frontier.
c. consumes at a point outside his or her production possibilities frontier.
d. consumes the same amounts of meat and potatoes as the other.
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