Compute all relevant opportunity costs

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Reference no: EM131236705

Suppose the US can produce a bushel of wheat in 1 hour and a CD player in 10 hours. Thailand can proudce a bushel of wheat in 13 hours and a CD player in 2 hours. According to the law of coparative advantage, who should proudce wheat and who should produce CD players? Compute all relevant opportunity costs.

Reference no: EM131236705

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