Multiple Choice
Each of 100 people receives a random item from a grocery store and assigns it a value between 1 (low) and 10 (high) . They trade those items among themselves for items they prefer rather than those they randomly received and then assign a second value (again, 1 to 10) to the item that they end up with after the trading concludes. How would the sum of those values before trading compare with the sum after trading?
A) The value would stay the same because no new goods were introduced.
B) The value would stay the same because no one has a comparative advantage.
C) After trading, value would be lower because no one can specialize.
D) After trading, value would be higher because preferences are diverse.
Correct Answer:

Verified
Correct Answer:
Verified
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