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Imagine a world with only two countries, Atlantis and Lemuria, and only two goods, bread and cheese. A single resource, of which both countries have
Imagine a world with only two countries, Atlantis and Lemuria, and only two goods, bread and cheese. A single resource, of which both countries have an endowment of two units, is used to produce both goods. The countries' resource requirements for each good are as shown in the following diagrams:
Atlantis
= 1 pound of bread = 1 pound of cheeseStep by Step Solution
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