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If Iowa’s opportunity cost of corn is lower than Oklahoma’s opportunity cost of corn, then - Q/A (Question and Answer)
If Iowa’s opportunity cost of corn is lower than Oklahoma’s opportunity cost of corn, then – Q/A (Question and Answer)
Question
If Iowa’s opportunity cost of corn is lower than Oklahoma’s opportunity cost of corn, then – Q/A (Question and Answer)
Test Answer
Answer:
Iowa has a comparative advantage in the production of corn
Recource Economics 1-3
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