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An economy produces two items: helicopters and wine.PointHelicopterWineA100B814C428D035Moving from ...

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An economy produces two items: helicopters and wine.PointHelicopterWineA100B814C428D035Moving from ...

An economy produces two items: helicopters and wine.

Point	Helicopter	Wine
A	10	0
B	8	14
C	4	28
D	0	35

Moving from point B to point A, the opportunity cost of producing one helicopter is ________ wine and the opportunity cost of producing one bottle of wine is ________ helicopter. Round your final answer to two decimal places.
This economy faces ________ opportunity cost.

▸ 0.14, 7, increasing

▸ 7, 0.14, constant

▸ 7, 0.14, increasing

▸ 0.14, 7, constant

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 44 times

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