Multiple Choice
(Figure: Biscuit and Cookies PPFs) Greg and Melissa face the production possibilities frontiers shown for biscuits and cookies. Assume that Greg and Melissa trade 60 biscuits for 60 cookies after they have completely specialized in producing the good in which they have a comparative advantage. We know that Greg and Melissa are each made better off with specialization and trade than acting alone because _____ production possibilities frontier. 
A) they are both producing outside of their
B) they are both consuming outside of their
C) Greg is producing outside of his
D) Melissa is producing outside of her
Correct Answer:
Verified
Correct Answer:
Verified
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