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At one point along a PPF, 50 tons of coffee and 100 tons of bananas are produced. At another point ...

samualson

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At one point along a PPF, 50 tons of coffee and 100 tons of bananas are produced. At another point ...

At one point along a PPF, 50 tons of coffee and 100 tons of bananas are produced. At another point along the same PPF, 30 tons of coffee and 140 tons of bananas are produced. The opportunity cost of a ton of coffee between these points is
A) 7/5 of a ton of bananas per ton of coffee.
B) 1/2 of a ton of bananas per ton of coffee.
C) 5/7 of a ton of bananas per ton of coffee.
D) 2 tons of bananas per ton of coffee.

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Foundations of Finance

Edition: 9^th

Authors: Keown, Petty, Martin

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