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Business, 21.03.2020 10:32 mariarichards2p8a277
An economy has two workers, Smith and Ricardo. Each day they work, Smith can produce 4 computers or 16 smartphones, and Ricardo can produce 6 computers or 12 smartphones. To maximize total output, Smith should specialize in producing , whereas Ricardo should specialize in producing .
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An economy has two workers, Smith and Ricardo. Each day they work, Smith can produce 4 computers or...
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