2. Introductory Economic Models

2. Introductory Economic Models / PPF - Comparative Advantage and Trade / Problem 10

Problem 10

If the trade price is 3 units of good X for 2 units of good Y, how many units of good Y can be obtained by trading 9 units of good X?

3 units of good Y

9 units of good Y

6 units of good Y

12 units of good Y