Dave gives Candy 2 kilograms of fish and receives in exchange 5 litres of wine. The terms of trade are 2.5 kilograms of fish per litre of wine.

Name: Dave gives Candy 2 kilograms of fish and receives in exchange 5 litres of wine. The terms of trade are 2.5 kilograms of fish per litre of wine.
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Question

Quizplus · Accepted Answer

The terms of trade are actually 0.4 kilograms of fish per litre of wine, since Dave gives 2 kilograms of fish for 5 litres of wine, which means for each litre of wine, he gives 2/5 = 0.4 kilograms of fish.

Dave Gives Candy 2 Kilograms of Fish and Receives in Exchange