4)Exhibit 2-9

Alex		Adam
Good A	Good B	Good A	Good B
0	300	0	160
25	225	30	120
50	150	60	80
75	75	90	40
100	0	120	0

 

 

Refer to Exhibit 2-9. If Alex and Adam each specialize in the good in which he has a comparative advantage and then engage in trade, ____________________ can consume a combination of goods that lies beyond his PPF (Production Possibilities Frontier).

Group of answer choices

Alex, but not Adam,

Adam, but not Alex

Alex and Adam

neither Alex nor Adam

Answer rating: 100% (QA)

ANSWER C Alex and Adam An important aspect that is neglected if we most effective study a... View the full answer