solution:
Terms of trade (TOT) = 1 pound green beans for 3 pound corn.
So, when Jake sells 72 pounds of corn, he buys (72 / 3) = 24 pounds of green beans, which is sold by Jane.
After specialization, Jane produces 80 pounds of green beans and sells 24 pounds out of it.
So, Jane consumes (80 - 24) = 56 pounds of green beans herself.
Also, after specialization, Jane produces only green beans and no corn, so her consumption of corn is equal to the quantity of corn sold by Jake, i.e. 72 pounds.
So, Jane consumes 56 pounds of green beans and 72 pounds of corn.
The answer for this problem is B
Answer:B)The values of both x and y will be real numbers greater than or equal to 0.
Step-by-step explanation:
10 is the initial value, found when x=0. I don't know what you are measuring by "0" and "10" here, so can't be more specific.
