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thanhha78 thanhha78
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6 years ago
Recall the application. In Peru, producing palm oil is very profitable but is a time consuming process. Producing coca paste, an ingredient in cocaine, is not as costly or as time consuming as the production of palm oil. To switch Peruvian farmers from producing an ingredient used for cocaine to producing the profitable and safe palm oil would require
A) informal ownership of property.
B) cocaine being declared illegal in Peru.
C) governmental approval.
D) improvements in finance and the ability to borrow funds.
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Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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thanhha78 Author
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6 years ago
Can't thank you enough for this, appreciate it!
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