These Figures Illustrate the Production Possibilities Available to Barney and Betty

Multiple Choice

These figures illustrate the production possibilities available to Barney and Betty with 8 hours of labor in their baker
Figure 3-4

-Refer to Figure 3-4.Initially,Barney is spending one-half of his time making pies and the other one-half of his time making bread,and Betty is doing the same.Relative to this initial situation,Barney and Betty could specialize according to the principle of comparative advantage,and both could benefit from this new arrangement,provided they agree that one pie will trade for somewhere between

A) 1/2 loaf of bread and 4/3 loaves of bread.
B) 2/3 loaf of bread and 2 loaves of bread.
C) 3/4 loaf of bread and 2 loaves of bread.
D) 3/4 loaf of bread and 5/2 loaves of bread.