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Business, 19.09.2021 05:20 edmistontrace53

The production possibilities frontiers in the figure to the right show how many bananas and coconuts you​ (Y) and your neighbor​ (N) can consume without trade. Suppose you are initially consuming 7 bananas and 3 coconuts and your neighbor is initially consuming 6 bananas and 8 coconuts. ​Now, suppose you and your neighbor specialize by each only producing the good for which you have a comparative advantage.
You give your neighbor half of your production for half of what he produces. ​(Enter all responses as​ integers.)
If you trade with your​ neighbor, then you will have
nothing additional​ coconut(s) after the trade


The production possibilities frontiers in the figure to the right show how many bananas and coconut

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