Multiple Choice
Table 3-23
Assume that the farmer and the rancher can switch between producing pork and producing tomatoes at a constant rate.
-Refer to Table 3-23. The farmer should specialize in the production of
A) pork and the rancher should specialize in the production of tomatoes.
B) tomatoes and the rancher should specialize in the production of pork.
C) both goods and the rancher should specialize in the production of neither good.
D) neither good and the rancher should specialize in the production of both goods.
Correct Answer:

Verified
Correct Answer:
Verified
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