Show the benefits to fran of specialization

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Farmer Fran can grow soybeans and corn. She can grow 1500 kilograms of soybeans or 3000 kilograms of corn on a hectare of her land for the same cost. The price of soybeans is $1.50 per kilogram and the price of corn is $0.60 per kilogram. Show the benefits to Fran of specialization. What should she specialize in?

Reference no: EM131430819

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