Suppose that in Columbia, one unit of labor can produce 4 tons of papayas or 2 tons of bananas, while in Brazil one unit of labor can produce either 2 tons of papayas or 4 tons of bananas. If each country has 2 units of labor, which of the following consumption combinations can be attained only with specialization and trade? (A) Brazil consumes 8 tons of bananas and no papayas. (B) Columbia consumes 8 tons of papayas and no bananas. (C) Columbia consumes 4 tons of papayas and 4 tons of bananas. (D) Brazil consumes 2 tons of papayas and 4 tons of bananas.
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Home » Business » Suppose that in Columbia, one unit of labor can produce 4 tons of papayas or 2 tons of bananas, while in Brazil one unit of labor can produce either 2 tons of papayas or 4 tons of bananas.