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Business, 17.09.2019 03:20 chloe1107

The production possibilities for country x are either 6,000 bushels of soybeans or 10,000 bushels of wheat. the production possibilities for country y are either 2,000 bushels of soybeans or 4,000 bushels of wheat. which of the following is true? a. country y should specialize in the growing of soybeans according to the principle of comparative advantage.
b. country x is the least-cost producer of wheat.
c. the domestic opportunity cost of wheat production is lower in country y.
d. the high cost producer of soybeans is country x.

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