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Title: This table shows how much cotton and cocoa can each be produced in Peru and Brazil with one unit of ...
Post by: pgakui on Oct 16, 2022
This table shows how much cotton and cocoa can each be produced in Peru and Brazil with one unit of equivalent resources.

Cotton
(bales)
Cocoa Beans
(bushels)
Peru24
Brazil16
TABLE 19-4

Refer to Table 19-4. The opportunity cost of a bushel of cocoa beans in Peru is

▸ 2/3 bale cotton.

▸ 1/3 bale cotton.

▸ 1 bale cotton.

▸ 1/6 bale cotton.

▸ 1/2 bale cotton.


Title: This table shows how much cotton and cocoa can each be produced in Peru and Brazil with one unit of ...
Post by: windytodai on Oct 16, 2022
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