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Suppose that in an hour Chip can gather 8 pounds of fruit or 4 pounds of nuts. In an hour, Mike can gather 9 pounds
Suppose that in an hour Chip can gather 8 pounds of fruit or 4 pounds of nuts. In an hour, Mike can gather 9 pounds of fruit or 3 pounds of nuts. Which of the following choices would benefit both Chip and Mike if trade occurred?
A. 1 pound of nuts for 2.5 pounds of fruit
B. 1 pound of nuts for 1 pound of fruit
C. 1 pound of nuts for 1/2 pound of fruit
D. 1 pound of nuts for 3.5 pounds of fruit
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