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Below is the productivity per worker (kilos per day) in the wheat and bean industries of Caledonia and Ibrox.The working population in each country is 16 million people.
-Refer to the data above to answer this question.If each country totally specializes in the product in which it has a comparative advantage,what is the total combined output that they are capable of producing?
Investment Center
A business unit or division that is responsible for its own revenues, expenses, and investments in assets.
Return On Investment
A metric for assessing how well an investment is doing by comparing the net profit to the investment's initial cost.
Direct Expenses
Expenses directly linked to the manufacturing of particular products or services.
Sales
Sales involve the exchange of a product or service for money or its equivalent, constituting a fundamental activity of commercial enterprises to generate revenue.
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