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Use the Production Possibilities Data Below for Lebos and Slavia

Question 140

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Use the production possibilities data below for Lebos and Slavia to answer the following question(s) .
Table 2-1
Use the production possibilities data below for Lebos and Slavia to answer the following question(s) . Table 2-1 -Refer to Table 2-1.According to the law of comparative advantage,both Lebos and Slavia could gain if A) Lebos produced all of the food and clothing and Slavia did not produce anything. B) Lebos specialized in producing clothing,Slavia specialized in producing food,and they traded. C) Lebos specialized in producing food,Slavia specialized in producing clothing,and they traded. D) Slavia and Lebos were both were self-sufficient and did not trade.
Use the production possibilities data below for Lebos and Slavia to answer the following question(s) . Table 2-1 -Refer to Table 2-1.According to the law of comparative advantage,both Lebos and Slavia could gain if A) Lebos produced all of the food and clothing and Slavia did not produce anything. B) Lebos specialized in producing clothing,Slavia specialized in producing food,and they traded. C) Lebos specialized in producing food,Slavia specialized in producing clothing,and they traded. D) Slavia and Lebos were both were self-sufficient and did not trade.
-Refer to Table 2-1.According to the law of comparative advantage,both Lebos and Slavia could gain if


A) Lebos produced all of the food and clothing and Slavia did not produce anything.
B) Lebos specialized in producing clothing,Slavia specialized in producing food,and they traded.
C) Lebos specialized in producing food,Slavia specialized in producing clothing,and they traded.
D) Slavia and Lebos were both were self-sufficient and did not trade.

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