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Business, 07.04.2020 22:44 kelseatuttleni

Assume that Nation A's production possibilities are either 30 units of bricks or 50 units of wheat. Nation B's production possibilities are 20 units of bricks and 40 units of wheat. Which of the following is true? rev: 06_20_2018 Multiple Choice Nation A is the least-cost producer of wheat. The high-cost producer of bricks is Nation A. The opportunity cost of wheat production is lower in Nation B. According to the principle of comparative advantage, Nation B should specialize in the production of bricks.

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