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Using the notation of the Ricardian model in the text, suppose aLC, aLW, a*LC, a*LW are 12,6,4 and 8 respectively. Which of the following is
Using the notation of the Ricardian model in the text, suppose aLC, aLW, a*LC, a*LW are 12,6,4 and 8 respectively. Which of the following is NOT a feasible common relative price of cheese in the free-trade equilibrium? Question 3Select one: a. 2. b. 1. c. 1.5. d. 3. e. .75
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