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Blakksheep33 Blakksheep33
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2 years ago
If two countries each produce wool and cotton, we know that the country with the comparative advantage in cotton will also have a lower

▸ resource input per unit produced of cotton.

▸ resource input per unit produced of both cotton or wool.

▸ resource input per unit produced of wool.

▸ opportunity cost to produce cotton.

▸ opportunity cost to produce wool.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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carolyne254carolyne254
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