Suppose Jeff convinces Jenn to accept 1 page for 2 images and to trade a total of 10 images to him in exchange for 5 pages. This would give Jeff 55 pages and 10 images, a bundle above the STOR, leaving Jenn with 5 pages and 40 images, a bundle on her no-trade PPF.
Jenn doesn't have to agree to such a bad deal, and there is reason to believe she wouldn't, but we can be certain these are the worst terms of trade she would ever accept.
Copyright © 1995-2004 OnLineTexts.com, Inc. - All Rights Reserved