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sam3359 sam3359
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A year ago
Scenario: There are two workers in a factory that produces two goods, Good X and Good Y. Worker 1 adds a value of $200 per hour in the production of Good X and a value of $100 per hour in the production of Good Y. Worker 2 adds a value of $125 per hour in the production of Good X and a value of $87.50 per hour in the production of Good Y.


Refer to the scenario above. The opportunity cost per dollar of the value added in the production of Good X by Worker 1 is ________ of the value added in the production of Good Y.

▸ $87.50

▸ $0.70

▸ $100

▸ $0.50
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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OmfgtimmyOmfgtimmy
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A year ago
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sam3359 Author
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A year ago
this is exactly what I needed
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Brilliant
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2 hours ago
Thanks for your help!!
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