Why mutually beneficial trade cannot take place between them


Problem

Jones and Smith have identical marginal costs for anchovies and bananas. Explain why mutually beneficial trade cannot take place between them.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why mutually beneficial trade cannot take place between them
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