Rational exchange rate of squirrels per quart of berries

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Pre-trade: Katniss is hunting 6 squirrels and gathering 2.5 quarts of berries per day. Gale is hunting 4 squirrels and picking 1.5 quarts of berries per day. Show that with trade, they can both be better off. Give a rational exchange rate of squirrels per quart of berries. Plot their post trade allocations on their PPF graphs

Reference no: EM131242559

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