Microeconomics (12th Edition) (Pearson Series in Economics)
Microeconomics (12th Edition) (Pearson Series in Economics)
12th Edition
ISBN: 9780133872293
Author: Michael Parkin
Publisher: PEARSON
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Chapter 2, Problem 9SPA

(a)

To determine

Identify the comparative advantage in the production of Jackets.

(b)

To determine

Identify the gains from the specialization and trade.

(c)

To determine

Identify the trade between S and T after the specialization of products.

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