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Question: assume wheat and fish trade at 1:1. On the graphs, draw the consumption possibilities frontier for each province if the two provinces now trade
Question: assume wheat and fish trade at 1:1. On the graphs, draw the consumption possibilities frontier for each province if the two provinces now trade with each other. (The opportunity cost for Manitoba: 1 bushel of wheat = 4, 1 kg of fish = 1/4 The opportunity cost for Saskatchewan: 1 bushel of wheat = 1/2, 1 kg of fish = 2)
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