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The Following Production Possibilities Schedule Shows the Quantities of Soybeans

Question 26

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The following production possibilities schedule shows the quantities of soybeans and oil that can each be produced in Canada and Mexico with one unit of equivalent resources. The following production possibilities schedule shows the quantities of soybeans and oil that can each be produced in Canada and Mexico with one unit of equivalent resources.   TABLE 32-3 Refer to Table 32-3.Mexico would not gain by producing and exporting oil and importing soybeans unless it received A) any quantity of soybeans. B) 2 bushels of soybeans per barrel of oil. C) more than 3 bushels of soybeans per barrel of oil. D) more than 6 bushels of soybeans per barrel of oil. E) more than 10 barrel of oil. TABLE 32-3 Refer to Table 32-3.Mexico would not gain by producing and exporting oil and importing soybeans unless it received


A) any quantity of soybeans.
B) 2 bushels of soybeans per barrel of oil.
C) more than 3 bushels of soybeans per barrel of oil.
D) more than 6 bushels of soybeans per barrel of oil.
E) more than 10 barrel of oil.

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