14.Assuming Portugal has 180 man-hours (mhrs) of labor resource available for production, and labor is the only resource, the per unit resource cost of wine in Portugal is ____ mhrs/bottle. (Please do NOT reduce fractions to decimals.
14.Assuming Portugal has 180 man-hours (mhrs) of labor resource available for production, and labor is the only resource, the per unit resource cost of wine in Portugal is ____ mhrs/bottle. (Please do NOT reduce fractions to decimals.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 10AA
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14.Assuming Portugal has 180 man-hours (mhrs) of labor resource available for production, and labor is the only resource, the per unit resource cost of wine in Portugal is ____ mhrs/bottle. (Please do NOT reduce fractions to decimals.)
Transcribed Image Text:90
Portugal-
80
70
60
50
PPF
40
30
20
10
10
20
30
40
50
60
cloth
wine
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