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weekly production possibilities of bagpipes and accordions in Poland and Scotland: Scotland Poland Bagpipes 50 75 Accordions 25 150 What is each country's opportunity cost
weekly production possibilities of bagpipes and accordions in Poland and Scotland:
Scotland | Poland | |
Bagpipes | 50 | 75 |
Accordions | 25 | 150 |
What is each country's opportunity cost of producing bagpipes and accordions? If the countries could, should they trade?
What is the possible range of terms of trade between Poland and Scotland?
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