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Hello, please help me with this I continue to get it incorrect. *Untitled - Notepad File Edit Choices Blank#l : 31ank#2 : 31ank#3 : 31ank#4
Hello, please help me with this I continue to get it incorrect.
*Untitled - Notepad File Edit Choices Blank#l : 31ank#2 : 31ank#3 : 31ank#4 : Format View are: Help Sweden or Greece Sweden or Greece 1 bushel or 1/11 bushel or 1/3 bushel or 3 bushel or 11 bushel. 1 pound or 1/11 pound or 1/3 pound or 3 pounds or 11 pounds. Ln2, Coll 100% Windows (CRLF) UTE-8 Suppose that Greece and Sweden both pr.duce rye and cheese. Greece's opportunity cost of producing a pound of cheese is 3 bushels of while Sweden's oonunitv cost of oro-ducin a pound of cheese is bushels of rye. By comparing the opportunity COSt Of producing Cheese in the two countries, Can that has a comparative e in the production cheese and has a comparative advantage in the of rye. Suppose that Greece and Sweden consider trading cheese and rye with each other. Greece can gain from specialization and trade as long as it receives m than Of each pound Of to Sweden. Similarfy, Sweden Can gain from long as it more of cheese for each of rye it exports to Greece. Based on your answer to the last question, which of the following orices of trade (that is, price of cheese in terms of Die) would allow both Sweden and Greece to gain from trade? Check that 2 bushels Of rye pound Of Cheese S bushels of rye pound of 13 bushes of rye per pound of cheese 4 bushels Of rye per pound Of Cheese
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