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Title: Suppose that opportunity costs are constant and that Fred can either bake a maximum of six pies or ... Post by: lmalma on Mar 2, 2019 Question 1. Suppose that opportunity costs are constant and that Fred can either bake a maximum of six pies or three cakes in a day. Ethel can either produce a maximum of eight pies or two cakes in a day. Fred's opportunity cost to produce one cake is• two pies. • one-half pie. • six pies. • four pies. Question 2. Suppose that opportunity costs are constant and that Fred can either bake a maximum of six pies or three cakes in a day. Ethel can either produce a maximum of eight pies or two cakes in a day. Ethel's opportunity cost to produce one cake is• two pies. • four pies. • one-half pie. • six pies. Title: Suppose that opportunity costs are constant and that Fred can either bake a maximum of six pies or ... Post by: kwashington67 on Mar 2, 2019 Content hidden
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