=+Robinson Crusoe can gather 10 coconuts or catch 1 fish per hour.

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Brief Principles Of Macroeconomics

ISBN: 9780324590371

5th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 27, 2024 03:00 AM

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=+Robinson Crusoe can gather 10 coconuts or catch 1 fish per hour.
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=+Does he face the same limits if he can trade with natives on the island?
=+ His friend Friday can gather 30 coconuts or catch 2 fish per hour. What is Crusoes opportunity cost of catching one fish?
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=+Robinson Crusoe can gather 10 coconuts or catch 1 fish per hour.

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Brief Principles Of Macroeconomics

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