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1. What is the opportunity cost of an additional pound of coffee for Jimena? 2. What is the opportunity cost of an additional pound of
1. What is the opportunity cost of an additional pound of coffee for Jimena? 2. What is the opportunity cost of an additional pound of coffee for Alex? 3. What is the maximum amount of coffee that Alex would pay Jimena for a pound of cocoa ? 4. What is the minimum amount of coffee that Alex would pay Jimena for a pound of cocoa ? 5. What are the possible terms of trade ? Explain this both in terms of coffee and in terms of cocoal One pound of cocoa will trade for between and One pound of coffee will trade for between
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