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jhaygood86 jhaygood86
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6 years ago
In one hour, Chloe can bake 24 cookies or 12 blueberry muffins; Zabeen can bake 6 cookies or 2 blueberry muffins. Which statement is true?
A) Zabeen's opportunity cost of a cookie is 2 muffins.
B) Zabeen's opportunity cost of a cookie is 6 muffins.
C) Chloe's opportunity cost of a muffin is 12 cookies.
D) Chloe's opportunity cost of a muffin is 2 cookies.
E) Zabeen's opportunity cost of a cookie is 4 muffins.
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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