Explore BrainMass

Explore BrainMass

    Ricardian model

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    See attached file for full problem description.

    © BrainMass Inc. brainmass.com October 9, 2019, 7:21 pm ad1c9bdddf


    Solution Preview

    Yes, you need to think in terms of cloth and widgets instead of prices, since you aren't given any real prices. For i, it is 2 not 1/2. They want "cloth in terms of widgets." This means, how many widgets does it take for a unit of cloth, if we make cloth instead? Because it only ...