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In a month Carlos can produce a maximum of either 50 bushels of pears or 25 bushels of apples, or any linear combination in between. Similarly Diane can produce a maximum of either 28 bushels

In a month, Carlos can produce a maximum of either 50 bushels of pears or 25 bushels of apples, or any linear combination in between. Similarly, Diane can produce a maximum of either 28 bushels of pears or 7 bushels of apples, or any linear combination in between. 1st attempt Part 1 (2 points) See Hint What is the opportunity cost for Carlos to produce one more bushel of apples in terms of pears? One bushel of apples equals blank.png bushels of pears. What is the opportunity cost for Diane to produce one more bushel of apples in terms of pears? One bushel of apples equalsblank.png bushels of pears. Part 2 (1 point) See Hint What would Diane and Carlos agree to as acceptable terms of trade? blank.png bushels of pears per bushel of apples.

Apr 04 2020 Read more Less More

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