Assume that the roommates in question 3 specialize based on their comparative advantage and trade. (This means
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Assume that the roommates in question 3 specialize based on their comparative advantage and trade. (This means that one roommate specializes in vacuuming, while the other specializes in the production of dip.) Under this arrangement, they are able to produce more dip and clean more rooms than without trade.
Even so, Emily is very unhappy with this arrangement. What might be the source of Emily’s discontentment?
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Principles Of Macroeconomics The Way We Live
ISBN: 978-1429220200
1st Edition
Authors: Susan Feigenbaum ,R. W. Hafer
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