When two individuals produce efficiently and then make a mutually beneficial trade based on comparative advantage, a

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When two individuals produce efficiently and then make a mutually beneficial trade based on comparative advantage, a they both obtain consumption outside their production possibilities frontier b they both obtain consumption inside their production possibilities frontier c one individual consumes inside his production possibilities frontier, while the other consumes outside his d each individual consumes a point on his own production possibilities frontier

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Principles Of Microeconomics [Australia And New Zealand Edition]

ISBN: 9781337408066

6th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N. Gregory Mankiw

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