Multiple Choice
Exhibit 2-8 
Refer to Exhibit 2-8. If Maria and Maya each specialize in the good in which she has a comparative advantage and then engage in trade, ____________________ can consume a combination of goods that lies beyond her PPF.
A) Maria, but not Maya,
B) Maya, but not Maria,
C) both Maria and Maya
D) neither Maria nor Maya
Correct Answer:
Verified
Correct Answer:
Verified
Q21: The PPF between goods X and Y
Q24: Exhibit 2-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 2-9
Q25: Exhibit 2-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 2-6
Q26: The economy can produce 15X and 15Y,
Q27: Exhibit 2-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 2-6
Q30: If the law of increasing opportunity costs
Q32: Exhibit 2-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9059/.jpg" alt="Exhibit 2-1
Q34: As a result of war many of
Q35: A person has a comparative advantage in
Q120: Consider two straight-line PPFs.They have the same