True/False
It takes Fred 6 hours to produce a bushel of corn and 2 hours to wash and polish a car. It takes Wilma 6 hours to produce a bushel of corn and 1 hour to wash and polish a car. Wilma and Fred cannot gain from specialization and trade, since it takes each of them 6 hours to produce 1 bushel of corn.
Correct Answer:
Verified
Correct Answer:
Verified
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