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Maya takes 8 hours to produce 1 mixer and 5 hours for 1 toaster Miguel takes 20 hours for 1 mixer and 10 hours for
Maya takes 8 hours to produce 1 mixer and 5 hours for 1 toaster
Miguel takes 20 hours for 1 mixer and 10 hours for 1 toaster
At which of the following prices would both Maya and Miguel gain from trade with each
other?
a.
4 mixers for 7 toasters
b.
8 mixers for 10 toasters
c.
12 mixers for 18 toasters
d.
Maya and Miguel could not both gain from trade with each other at any price.
why is the answer option A?
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