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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

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

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