Dave's opportunity cost of producing 1 pound of green beans is ______ pound(s) of corn. Multiple Choice 1/2 4 2 1 Dave's Production Possibilities FrontierCorn160804080Green Beans

Total possible production of each good is Product Green Beans = 80 Corn = 160

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Dave's opportunity cost of producing 1 pound of green beans is ______ pound(s) of corn. Multiple Choice 1/2 4 2 1

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Dave's opportunity cost of producing 1 pound of green beans is ______ pound(s) of corn.

Multiple Choice

Dave's Production Possibilities Frontier
Corn
160
80
40
80
Green Beans

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