Compute the opportunity cost for florida of oranges

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a. Compute the opportunity cost for Florida of oranges in terms of jars of prickly pear jelly. Do the same for prickly pear jelly in terms of oranges.

b. Compute the opportunity cost for Arizona of oranges in terms of jars of prickly pear jelly. Do the same for prickly pear jelly in terms of oranges.

c. In what would Florida and Arizona specialize in (producing) according to the comparative advantage theory?

Reference no: EM131257101

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