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If Iowa's opportunity cost of corn is lower than Oklahoma's opportunity cost of corn, then Group of answer choices Iowa has an absolute advantage in
If Iowa's opportunity cost of corn is lower than Oklahoma's opportunity cost of corn, then
Group of answer choices
Iowa has an absolute advantage in the production of corn.
Oklahoma should produce just enough corn to satisfy its own residents' demands.
Iowa should import corn from Oklahoma.
Iowa has a comparative advantage in the production of corn.
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