=+a. Without trade, what is the price of white socks (in terms of red socks) in Boston?

Question:

=+a. Without trade, what is the price of white socks (in terms of red socks) in Boston? What is the price in Chicago?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: