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Question 17 1 pts Individuals and countries will continue to trade airplanes for cars until the additional benefit from the last traded car will equal the additional benefit from the last plane. the value of each additional airplane and car is equal for both countries or individuals. each country acquires as many airplanes and cars as they can.

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Answer #1

The correct answer is: b)

Reason: This is an equilibrium condition that the marginal benefit from an additional output (here planes and cars) must be equal for both the parties of trade at equilibrium.

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