Refer to the above figure. With trade, the price of tricycles in this country is $19, with 360 tricycles produced in this country and another 320 tricycles imported. $19, with 200 tricycles produced in this country and another 160 tricycles imported. $11, with 360 tricycles produced in this country and another 160 tricycles imported. $11, with 200 tricycles produced in this country and another 320 tricycles imported.

Refer to the above figure. With trade, the price of tricycles in this country is $19, with 360 tricycles produced in this country and another 320 tricycles imported. $19, with 200 tricycles produced in this country and another 160 tricycles imported. $11, with 360 tricycles produced in this country and another 160 tricycles imported. $11, with 200 tricycles produced in this country and another 320 tricycles imported.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter3: Economic Decision Makers

Section: Chapter Questions

Problem 1.2P

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