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Social Studies, 17.12.2019 05:31 johnkings140
If iowa’s opportunity cost of corn is lower than oklahoma’s opportunity cost of corn, then a. iowa has a comparative advantage in the production of corn. b. iowa has an absolute advantage in the production of corn. c. iowa should import corn from oklahoma. d. oklahoma should produce just enough corn to satisfy its own residents’ demands.
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If iowa’s opportunity cost of corn is lower than oklahoma’s opportunity cost of corn, then a. iowa h...
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