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xdxdxd123

econ

Jan 29th, 2017
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  1. By comparing opportunity costs and gains from trade for two parties each making the same two goods, one can determine the exact exchange ratio at which the parties should agree to trade.
  2. False
  3.  
  4. Anna has a yard full of chickens but needs milk for her baby. Josiah, who is allergic to eggs, has a cow that produces milk. Put the events in order to describe how Anna obtains milk by the barter method.
  5. takes eggs, josiah does not eat eggs, find someone to trade apples for eggs, trade apples for milk
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