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    Principles of Macroeconomics Study Set 8
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    Exam 3: Interdependence and the Gains From Trade: Comparative Advantage the Driving Force of Specialization
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    Figure 3-17 Maxine's Production Possibilities Frontier
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Figure 3-17 Maxine's Production Possibilities Frontier

Question 44

Question 44

Multiple Choice

Figure 3-17
Maxine's Production Possibilities Frontier
Daisy's Production Possibilities Frontier Figure 3-17 Maxine's Production Possibilities Frontier Daisy's Production Possibilities Frontier     -Refer to Figure 3-17.At which of the following prices would both Maxine and Daisy gain from trade with each other? A) 4 tarts for 2 pies B) 8 tarts for 12 pies C) 12 tarts for 28 pies D) Maxine and Daisy could not both gain from trade with each other at any price. Figure 3-17 Maxine's Production Possibilities Frontier Daisy's Production Possibilities Frontier     -Refer to Figure 3-17.At which of the following prices would both Maxine and Daisy gain from trade with each other? A) 4 tarts for 2 pies B) 8 tarts for 12 pies C) 12 tarts for 28 pies D) Maxine and Daisy could not both gain from trade with each other at any price.
-Refer to Figure 3-17.At which of the following prices would both Maxine and Daisy gain from trade with each other?


A) 4 tarts for 2 pies
B) 8 tarts for 12 pies
C) 12 tarts for 28 pies
D) Maxine and Daisy could not both gain from trade with each other at any price.

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