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Determine who should specialize in producing squashes

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Suppose that Joan's and Terry's hourly production rates for squashes and turnips are as follows. For each case, determine who should specialize in producing squashes and then suggest an exchange rate for squashes and turnips that will benefit both Joan and Terry.

Case 1             Squashes        Turnips

Joan

10

50

Terry

40

800

 Case 2             Squashes        Turnips

Joan

20

30

Terry

100

50

 

 

 

Reference no: EM13878733

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