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Ms. Franklin makes necklaces, with an opportunity cost of 2 jewelry boxes per every 3 necklaces. Ms. Lincoln makes jewelry boxes, with an opportunity cost of 4 necklaces per every 3 jewelry boxes. Ms. Lincoln makes jewelry boxes, with an opportunity cost of 4 necklaces per every 3 jewelry boxes. Ms Green proposes that Ms. Franklin rive Ms Lincoln four necklaces in exchange for three jewelry boxes.
Required:
What are Ms. Franklins and Ms Lincolns reactions?
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Ms. Franklin makes necklaces, with an opportunity cost of 2 jewelry boxes per every 3 necklaces. Ms....
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