Problem
Farmer Fran can grow soybeans and corn. She can grow 1500 kilograms of soybeans or 3000 kilograms of corn on a hectare of her land for the same cost. The price of soybeans is $1.50 per kilogram and the price of corn is $0.60 per kilogram. Show the benefits to Fran of specialization. What should she specialize in?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.