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Harry can produce (4) necklaces or (8) rings in one day; Leila can produce (2) necklaces or (8) rings in one day; What is the
Harry can produce (4) necklaces or (8) rings in one day; Leila can produce (2) necklaces or (8) rings in one day; What is the range for the trading price (terms of trade in terms of opportunity cost) that Harry and Leila would agree to trade necklaces at? Please explain your answer by looking at each of their opportunity costs of necklaces
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