Business, 14.02.2020 05:50 clairee002

If we assume that farmers in Illinois and Kansas use the same amount of labor, capital, and fertilizer, which state has an absolute advantage in wheat production and soybean production?
▼ Kansas Illinois has an absolute advantage in wheat production and
▼ Illinois Kansas has an absolute advantage in soybean production.
If we transfer land out of wheat into soybeans,
how many bushels of wheat do we give up in Illinois and in Kansas per additional bushel of soybean production?
In Illinois, an additional bushel of soybean production results in nothing fewer bushels of wheat, and in Kansas, an additional bushel of soybean production results in nothing fewer bushels of wheat. (Enter your responses rounded to three decimal places.)
Which state has a comparative advantage in soybean production and in soybean production?
▼ Kansas Illinois has a comparative advantage in soybean production and
▼ Kansas Illinois has a comparative advantage in wheat production.

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If we assume that farmers in Illinois and Kansas use the same amount of labor, capital, and fertiliz...