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PPF - Comparative Advantage and Trade
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Problem 1
Problem 2
Problem 3
Problem 4
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Problem 7
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Problem 10
PPF - Comparative Advantage and Trade
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2. Introductory Economic Models / PPF - Comparative Advantage and Trade / Problem 3
Problem 3
If the trade price is set at 2 units of good A for 1 unit of good B, how many units of good B can be obtained by trading 8 units of good A?
A
2 units of good B
B
4 units of good B
C
8 units of good B
D
16 units of good B
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