File:World relative supply and demand in the classical Ricardo model of one-factor international trade between two countries.svg
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Summary
Relative demand for cloth in terms of wine is download sloping with respect to the relative price of wine and cloth as a result of substitution effects. Relative supply is an increasing simple function of relative prices.
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Date/Time | Thumbnail | Dimensions | User | Comment | |
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current | 13:15, 7 January 2017 | 338 × 260 (35 KB) | 127.0.0.1 (talk) | Relative demand for cloth in terms of wine is download sloping with respect to the relative price of wine and cloth as a result of substitution effects. Relative supply is an increasing simple function of relative prices. |
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