Multiple Choice
What is the relative price of wheat in North Dakota prior to trade in Case II?
A) 2 bushels of wheat = ½ bottle of beer
B) ½ bushel of wheat = 2 bottles of beer
C) 1 bushel of wheat = ½ bottle of beer
D) 1 bushel of wheat = 2 bottles of beer
Correct Answer:
Verified
Correct Answer:
Verified
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