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rizumidancer rizumidancer
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4 years ago
Consider the following weekly production possibilities of gloves and hats in Panama and Russia:

​RussiaPanama
Gloves20180
Hats80  90

What is each country's opportunity cost of producing gloves and hats? If the countries could, should they trade?
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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Steve T.Steve T.
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4 years ago
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