Suppose jimmy says that he is willing to give up three, Business Economics

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Suppose jimmy says that he is willing to give up three

Suppose Jimmy says that he is willing to give up three apples in exchange for one banana, or give up one banana in exchange for three apples. Either trade is alright with him. Suppose that apples cost $2 and bananas cost $1. What trade, if any, would you suggest that Jimmy make, and why?

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Business Economics: Suppose jimmy says that he is willing to give up three

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