=+For Nebraska the opportunity cost of producing 1 bushel of com is 3 bushels of wheat. At

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=+For Nebraska the opportunity cost of producing 1 bushel of com is 3 bushels of wheat. At present, Iowa produces 20 million bushels of wheat and 120 million bushels of corn, while Nebraska produces 20 million bushels of com and 120 million bushels of wheat.

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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