“For you and your neighbour to specialise and trade, it must be that the price at which you or your neighbours sells the product is higher than its opportunity cost. Suppose the price of apples is 1 apple = p cherries.” why is the price of apples = p cherries? isn’t p = price??
“For you and your neighbour to specialise and trade, it must be that the price at which you or your neighbours sells the product is higher than its…
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