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-Agnes Can Produce Either 1 Unit of X or 1

Question 315

Multiple Choice

  -Agnes can produce either 1 unit of X or 1 unit of Y in an hour, while Brenda can produce either 2 units of X or 4 units of Y in an hour. There can be gains from exchange A)  if Agnes specializes in the production of X and Brenda specializes in the production of Y. B)  if Agnes specializes in the production of Y and Brenda specializes in the production of X. C)  only if Agnes becomes faster at producing X. D)  only if Brenda becomes faster at producing X or Y.
-Agnes can produce either 1 unit of X or 1 unit of Y in an hour, while Brenda can produce either 2 units of X or 4 units of Y in an hour. There can be gains from exchange


A) if Agnes specializes in the production of X and Brenda specializes in the production of Y.
B) if Agnes specializes in the production of Y and Brenda specializes in the production of X.
C) only if Agnes becomes faster at producing X.
D) only if Brenda becomes faster at producing X or Y.

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