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Bob owns a farm. He can plant either soy beans or corn. He decides to
plant soy bean...
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History, 23.10.2020 18:40 jessicaaaamartin
Clear se
Bob owns a farm. He can plant either soy beans or corn. He decides to
plant soy beans. At the end of the season, he finds out that corn is selling
for a lot more money than soy beans. By planting soy beans, Bob MISSED
OUT on the chance to plant and sell corn. This is referred to as:
1.prisoner dilemma , economics, oilgarchy. opportunity cost
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