Two parties can capture gains from specialization and trade whenever:
a. One party is twice as good as producing all goods as the other

b. The opportunity costs of producing each good are the same for both parties.
c. Both parties can produce equal amounts of both goods.
d. None of the above are true.


d

Economics

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You are the owner of the Voracious Vegetarian, a single-business healthy fast-food restaurant. Your strategy-making hierarchy would most likely consist of

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Economics