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QUESTION 18 Figure 3-4 Pedro's Production Possibilities Frontier Jaquel's Production Possibilities Frontier ppm: :0 pm: 19 1a 1a 1a 14 14 1: 1: 111 1a

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QUESTION 18 Figure 3-4 Pedro's Production Possibilities Frontier Jaquel's Production Possibilities Frontier ppm: :0 pm: 19 1a 1a 1a 14 14 1: 1: 111 1a a a a a 1 4 a 2 1:34551'anmb 1:345613umh Refer to Figure 3-4. Which of the following statements is correct? 0 a. If both divide their time equally. they will collectively produce 12 poems and 4 novels. 0 b.Jaquel has the comparative advantage in writing novels. 0 6- Only one of the two can benet from specialization and trade. 0 d- Both can be better off if Pedro specializes in writing novels

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