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jacksonfive09 jacksonfive09
wrote...
Posts: 431
5 years ago

Most resources are best suited for a particular use. For example, climate and other conditions in Florida allow resources to be used in orange production in lieu of wheat or potato production. What economic concept deals with this issue?



• Specialization

• Opportunity cost

• Fallacy of composition

• None of these
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
Read 52 times
2 Replies

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Replies
wrote...
5 years ago
Specialization
jacksonfive09 Author
wrote...
5 years ago
Brilliant
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