Question

What are the upper and the lower bounds for trade price of shirts or chips (Hint:...

What are the upper and the lower bounds for trade price of shirts or chips (Hint: up to how many shirts is _______ willing to pay for a chip? Up to how many chips is _______ willing to pay for a shirt?) please show work

Shirtland Possibilities

Point

Shirts

Chips

r

108

0

h

54

18

s

24

28

t

0

36

Chipland Possibilities

Point

Shirts

Chips

b

120

0

c

60

60

d

0

120
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