4)Exhibit 2-9

Alex		Adam
Good A	Good B	Good A	Good B
0	300	0	160
25	225	30	120
50	150	60	80
75	75	90	40
100	0	120	0

 

 

Refer to Exhibit 2-9. If Alex and Adam each specialize in the good in which he has a comparative advantage and then engage in trade, ____________________ can consume a combination of goods that lies beyond his PPF (Production Possibilities Frontier).

Group of answer choices

Alex, but not Adam,

Adam, but not Alex

Alex and Adam

neither Alex nor Adam