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Use the production possibilities table below to answer the following question. Assume constant opportunity costs for Steven and Matthew. Units of Cheese in a Day
Use the production possibilities table below to answer the following question. Assume constant opportunity costs for Steven and Matthew. Units of Cheese in a Day Fish in a Day Steven 10 25 Matthew 30 10 Which of the following would be mutually beneficial terms of trade for both Stephen and Matthew? (2 points) Steven offers Matthew 1 fish for 2 units of cheese. Steven offers Matthew 1 unit of cheese for 2 fish. Matthew offers Steven 1 fish for 3 units of cheese. Matthew offers Steven 1 unit of cheese for 3 fish. They cannot benefit from trade
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