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The questions are: Nebraska and Virginia each have 100 acres of farmland. The table gives the hypothetical figures for yield per acre in the two

The questions are: Nebraska and Virginia each have 100 acres of farmland. The table gives the hypothetical figures for yield per acre in the two states. Who has the absolute advantage in the production of wheat?

Nebraska wheat 12 cotton 6

Virginia wheat 15 cotton 10

who has the absolute advantage in the production of cotton?

who has the comparative advantage in the production of wheat?

who has the comparative advantage in the production of cotton?

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