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Use the following to answer question 4: Figure: Home Equilibrium with No Trade Cloth, Qe (yards) 50 D 25 Uz Home no-trade equilibrium Home PPF
Use the following to answer question 4: Figure: Home Equilibrium with No Trade Cloth, Qe (yards) 50 D 25 Uz Home no-trade equilibrium Home PPF Uo 50 100 Wheat, Ow (bushels) 4. (Figure: Home Equilibrium with No Trade) Under the condition of no trade, which combination gives the nation the most utility? A) D B) C C) A D) B
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