Table 3-1 -Refer to Table 3-1.The Farmer and the Rancher Both Could

Multiple Choice

Table 3-1

-Refer to Table 3-1.The farmer and the rancher both could benefit if the farmer were to specialize in

A) meat and the rancher were to specialize in potatoes.
B) potatoes and the rancher were to specialize in meat.
C) neither good and the rancher were to specialize in both goods.
D) none of the above; they cannot both benefit by specialization and trade.