# Plz help with this homework, plz don't copy answers that were answered before. Thank you and...

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plz help with this homework, plz don't copy answers that were answered before. Thank you and write in text and not image since its hard to read from

3. You and your neighbor are the only people in a world that produces only cashews and mushrooms. You do not engage in trade with each other. On your own, you can each produce the following per day: You Neighbor Cashews Mushrooms Cashews Mushrooms Only gather cashews 12 pounds O pounds 4 pounds O pounds Only gather mushrooms O pounds 6 pounds O pounds 4 pounds Right now, you each split your time between gathering each product. You currently gather and consume eight pounds of cashews and two pounds of mushrooms, while your neighbor is gathering and consuming three pounds of cashews and one pound of mushrooms. Show numerically how specialization and then trade with each other can make both of you better off. Who specializes in the production of each product, and what is a trade you could then make with each other that would be beneficial to both of you?

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