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Trade expands the Set of Consumption possibilities Meat 40N pounds) (b) How Trade Increases The Rancher's Consumption Rancher's B 21 consumption ……… 20 with trade B Rancher's consumption without trade 0 2.53 Potatoes(pounds)Trade Expands the Set of Consumption Possibilities Potatoes (pounds) Meat (pounds) 2.5 5 40 20 (b) How Trade Increases The Rancher’s Consumption 0 B 21 3 B* Rancher’s consumption without trade Rancher’s consumption with trade
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