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srsbiz srsbiz
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A factory manufactures bags and shoes. There are two workers in the factory. The number of bags or pairs of shoes that each of them can produce in a day is given in the table below:



a) What is the opportunity cost of producing a bag for each worker?
b) Which worker should specialize in the production of shoes and why?
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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inhibitor128inhibitor128
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srsbiz Author
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A year ago
Thanks
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This helped my grade so much Perfect
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