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Due May 26 at 11:59pm Points 40 Questions 3 Available May 1 at 12am - Jun 23 at 11:59pm Time Limit None Instructions Problem: Consider

Due May 26 at 11:59pm Points 40 Questions 3 Available May 1 at 12am - Jun 23 at 11:59pm Time Limit None Instructions Problem: Consider two hypothetical countries, A and B, which can produce two goods: corn (C) and steel (S). The table below shows the production possibilities for each country: Please show me your work in detail. For each question, you will be awarded 50% points for the correct answer and 50% points for showing me your detailed calculations, the formula, and the economic theory used. Country Corn (c) Steel (s) A 40 30 B 20 10

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