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Sagot :
If alpha specialize in growing apples beta specialize in growing oranges the both could gain profit by the trade is true for the statement
Comparative advantage describes a situation in which a person or a country involved in trade processes may not have an absolute advantage, but can still benefit from trade on a comparative basis.
The nations frequently trade goods based on their comparative advantages so that both parties can benefit from trade.
According to the stated information,
Alpha can produce either 18 oranges or 9 apples per hour, while beta can only produce 16 oranges or 4 apples per hour, it is stated.
so ,If alpha specialize in growing apples and beta specialize in growing oranges the both could gain profit by the trade
Hence, option C is true
To know more about Comparative advantage here
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