If Tony and Patty specialize and trade, what are the gains from trade? Tony and Patty produce

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If Tony and Patty specialize and trade, what are the gains from trade?

Tony and Patty produce skis and snowboards. Tables 1 and 2 show their production possibilities. Each week, Tony produces 5 snowboards and 40 skis and Patty produces 10 snowboards and 5 skis.

Table 1

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Table 2

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Foundations Of Microeconomics

ISBN: 9780132830881

6th Edition

Authors: Robin Bade, Michael Parkin

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