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9. Suppose that Colorado has an absolute advantage over Texas in producing both cowboy boots and cowgirl hats. In Colorado, the opportunity cost of a

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9. Suppose that Colorado has an absolute advantage over Texas in producing both cowboy boots and cowgirl hats. In Colorado, the opportunity cost of a pair of cowboy boots is 2 cowgirl hats. In Texas, the opportunity cost of a pair of cowboy boots is 3 cowgirl hats. Total production in Colorado and Texas will be maximized if (1 mark) You scored 1/1 mark Colorado specializes in cowgirl hats and Texas specializes in cowboy boots. O Texas specializes in both cowboy boots and cowgirl hats. Colorado specializes in cowboy boots and Texas specializes in cowgirl hats. O each state achieves self-sufficiency. Colorado specializes in both cowboy boots and cowgirl hats

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