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Migo7s Migo7s
wrote...
Posts: 453
5 years ago

RJR Nabisco has three alternatives for manufacturing snack foods: 





 
 
   
   
 
 
Option 1: Manufacture cookies alone and obtain a profit of $30 million.


 
 
   
   
 
 
Option 2: Manufacture chips alone and obtain a profit of $25 million.


 
 
   
   
 
 
Option 3: Manufacture both cookies and chips and obtain a profit of $35 million.
 

Given the information above, the opportunity cost of this firm is $30 million.



• true

• false
Textbook 
Introduction to Agricultural Economics

Introduction to Agricultural Economics


Edition: 7th
Authors:
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krobdancekrobdance
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Posts: 396
5 years ago
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Migo7s Author
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5 years ago
this is exactly what I needed
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Brilliant
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2 hours ago
You make an excellent tutor!
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