Multiple Choice
Use the following to answer questions: Table: Production Possibilities for Kenya and Sri Lanka
-(Table: Production Possibilities for Kenya and Sri Lanka) According to the table on production possibilities for Kenya and Sri Lanka, which of the following answers identifies a trade price that both countries would find acceptable? (Units are in tons.)
A) 0.5 bean for one tea < Trade price < two teas for one bean
B) 0.5 bean for one tea < Trade price < three beans for one tea
C) two teas for one bean < Trade price < three teas for one bean
D) 0.3 bean for one tea < Trade price < two beans for one tea
Correct Answer:

Verified
Correct Answer:
Verified
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