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Title: Two individuals, A and B, are free to engage in trade of clothing and food. Initially, A has 12 ... Post by: nakungth on Oct 25, 2017 Two individuals, A and B, are free to engage in trade of clothing and food. Initially, A has 12 units of clothing and 9 units of food, and B has 8 units of clothing and 11 units of food. The individuals have the following utility functions in clothing C and food F:
UA = 0.15QC ∙ QF UB = 0.08QC ∙ QF where QF represents units of food, QC represents units of clothing, and U represents utility. Determine if a mutually beneficial trade is possible between A and B. If so, who would trade for what? Title: Re: Two individuals, A and B, are free to engage in trade of clothing and food. Initially, A has 12 ... Post by: boransal on Oct 25, 2017 Content hidden
Title: Re: Two individuals, A and B, are free to engage in trade of clothing and food. Initially, A has 12 ... Post by: Hafiz Basaruddin on Oct 4, 2019 Thanks
Title: Re: Two individuals, A and B, are free to engage in trade of clothing and food. Initially, A has 12 ... Post by: jujjj on Oct 6, 2019 thank you
Title: Re: Two individuals, A and B, are free to engage in trade of clothing and food. Initially, A has 12 ... Post by: 张鸿巍 on Dec 8, 2019 thanku
Title: Re: Two individuals, A and B, are free to engage in trade of clothing and food. Initially, A has 12 ... Post by: Nur Syaza Syafiqah on Mar 13, 2020 thank you
Title: Re: Two individuals, A and B, are free to engage in trade of clothing and food. Initially, A has 12 ... Post by: Niko on Jun 1, 2020 Thank you
Title: Re: Two individuals, A and B, are free to engage in trade of clothing and food. Initially, A has 12 ... Post by: Smelokuhle on Jun 7, 2021 thank you
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