Refer to the figure Mutually Beneficial Trade I. The figure shows the production possibility frontier (PPF) and consumption possibility frontier (CPF) for baseball bats and bobblehead dolls in Stewarton and Colberton. In the absence of trade, if Stewarton is consuming 6 million dolls, then it can consume _____ million hats.

Figure: Mutually Beneficial Trade I

Question

Refer to the figure Mutually Beneficial Trade I. The figure shows the production possibility frontier (PPF) and consumption possibility frontier (CPF) for baseball bats and bobblehead dolls in Stewarton and Colberton. In the absence of trade, if Stewarton is consuming 6 million dolls, then it can consume _____ million hats.
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Figure: Mutually Beneficial Trade I

Quizplus · Accepted Answer

The Answer of Refer to the figure Mutually Beneficial Trade I. The figure shows the production possibility frontier (PPF) and consumption possibility frontier (CPF) for baseball bats and bobblehead dolls in Stewarton and Colberton. In the absence of trade, if Stewarton is consuming 6 million dolls, then it can consume _____ million hats.
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Figure: Mutually Beneficial Trade I

Refer to the Figure Mutually Beneficial Trade I