Consider the data in the following table.

-Referring to the table above, which of the following would be a mutually acceptable terms of trade: 1 computer for:
A) 2 bushels of wheat.
B) 3 bushels of wheat.
C) 4 bushels of wheat.
D) 5 bushels of wheat.
E) 6 bushels of wheat.

Question

Consider the data in the following table.
 
-Referring to the table above, which of the following would be a mutually acceptable terms of trade: 1 computer for:
A) 2 bushels of wheat. 
B) 3 bushels of wheat. 
C) 4 bushels of wheat. 
D) 5 bushels of wheat. 
E) 6 bushels of wheat.

Quizplus · Accepted Answer

The Answer of Consider the data in the following table.
 
-Referring to the table above, which of the following would be a mutually acceptable terms of trade: 1 computer for:
A) 2 bushels of wheat. 
B) 3 bushels of wheat. 
C) 4 bushels of wheat. 
D) 5 bushels of wheat. 
E) 6 bushels of wheat.

Consider the Data in the Following Table