Australia and Dunnyland have 420.69 and 666.66 total resources, respectively. Each country produces only two goods, toil

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Australia And Dunnyland Have 420 69 And 666 66 Total Resources Respectively Each Country Produces Only Two Goods Toil 1 (31.89 KiB) Viewed 11 times

Australia and Dunnyland have 420.69 and 666.66 total resources, respectively. Each country produces only two goods, toilet paper and hand sanitizer. Australia can produce each roll of toilet paper for 15 resources and each bottle of hand sanitizer for 20 resources. Dunnyland can produce each roll of toilet paper for 5 resources and each bottle of hand sanitizer for 23 resources. Assume each country would prefer to consume more toilet paper and hand sanitizer than it currently can in an autarky. Also assume that each country can produce fractional units of each good. Between which range of prices of hand sanitizer (in terms of rolls of toilet paper) will there be gains from trade? O a. O b. O C. O d. e. Between 1.33 and 4.60 Between 0.22 and 0.75 Between 0.33 and 1.15 Between 0.87 and 3.00 Between 0.93 and 1.07