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his neighbour produces 763 tonnes of walnuts. If the market price of almonds is $100 per tonne and the market price of walnuts is $113
his neighbour produces 763 tonnes of walnuts. If the market price of almonds is $100 per tonne and the market price of walnuts is $113 per tonne: a. Should he make the exchange? b. Does it matter whether he prefers almonds or walnuts? Why or why not? a. Should he make the exchange? The market value of the almond crop is $ The market value of the walnut crop is $ So, should he make the exchange? (1) So, should he make the exchange? (1) b. Does it matter whether he prefers almonds or walnuts? Why or why not? No. His preference is irrelevant to the value of the crops. Is the above statement true or false? (2) (Select from the drop-down menu.) (1) Yes. (2) True
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