The price of soybeans is 150 per kilogram and the price of, Econometrics

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The price of soybeans is 150 per kilogram and the price of

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?

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Econometrics: The price of soybeans is 150 per kilogram and the price of

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Econometrics: The price of soybeans is 150 per kilogram and the price of

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