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Assume you are selling corn for $2.80 per bushel in Cairo, IL, and selling $3.20 per bushel in Greenville, MS.Further assume that the transfer costs
Assume you are selling corn for $2.80 per bushel in Cairo, IL, and selling $3.20 per bushel in Greenville, MS.Further assume that the transfer costs between these two points is $0.20 per bushel.What would you do?In your answer identify and describe the economic concept driving this relationship.
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