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Sublight2097 Sublight2097
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Posts: 4132
8 years ago
Suppose the economy of Georgia can produce pecans and peanuts. Suppose the economy can either produce 10,000 pecans or 15,000 peanuts if full specialization in one good were to occur. What is the opportunity cost of increasing pecan production from 5,000 to 10,000 pecans?
A) 1,000 peanuts
B) 5,000 peanuts
C) 7,500 peanuts
D) 10,000 peanuts
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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Sublight2097 Author
wrote...
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
8 years ago
It was nothing, thanks for updating us.
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