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lbsusugar lbsusugar
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2 months ago
Scenario: Consider two economies, Beta and Zeta. Each farmer in Beta can grow 1,000 pounds of apples or 500 pounds of oranges in a year. Each farmer in Zeta can grow 400 pounds of apples or 1,200 pounds of oranges in a year.


Refer to the scenario above. The opportunity cost of producing 1 pound of apples in Beta is ________.

▸ 15 pounds of oranges

▸ 10 pounds of oranges

▸ 2 pounds of oranges

▸ 0.5 pounds of oranges
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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browntown345browntown345
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2 months ago
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0.5 pounds of oranges

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lbsusugar Author
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2 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Helped a lot
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2 hours ago
Brilliant
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