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In a day, Julia can produce 12 bushels of wheat or 4 pounds of meat while Carlos can produce 10 bushels of wheat or 2
In a day, Julia can produce 12 bushels of wheat or 4 pounds of meat while Carlos can produce 10 bushels of wheat or 2 pounds of meat. If Julia and Carlos work for a day producing what they have comparative advantage in, which of the following price (P) ranges for a pound of meat in terms of bushels of wheat incentivize both Julia and Carlos to trade with each other! ' 0.20
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