czykent91
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- Aug 22, 2011
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Hey, thanks a lot for the assistance and help rendered. Now i understand. So meaning we no need to find the exact price right as the qns never state that both economies need to produce equal amounts of both x and y?? We just need to determine who is the seller and who is the buyer right?? So your this explanation is considered enough le right??
Yup, unlike the Robinson&Friday Example, they did not specify the equal amt, thus it is not needed.
