QUESTIONS 15 points Suppose Michael has the opportunity to trade 11 pounds of coffee and...
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QUESTIONS 15 points Suppose Michael has the opportunity to trade 11 pounds of coffee and receive 6 pounds of cacao today. Assume that the cost of coffee is $20.69 dollars per pound, and that the value of Cacao is $69.73 per pound. What would be the benefit of making the trade of coffee for cacao NOTE: Submit your answers with 4 decimals after the dot
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