Landia production possibilities: A B Fish 8 6 Chips 0 10 B) 4 chips. C) 3 chips. D) 1 chip. Fish Chips с 4 20 A D Scandia production possibilities: Ꭰ 2 30 E 0 40 B C 16 12 8 4 0 0 12 24 36 48 E 1. Refer to the above data. The domestic opportunity cost of 1 fish in Scandia is: A) 12 chips.

Landia production possibilities: A B Fish 8 6 Chips 0 10 B) 4 chips. C) 3 chips. D) 1 chip. Fish Chips с 4 20 A D Scandia production possibilities: Ꭰ 2 30 E 0 40 B C 16 12 8 4 0 0 12 24 36 48 E 1. Refer to the above data. The domestic opportunity cost of 1 fish in Scandia is: A) 12 chips.

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

Landia production possibilities:
A B
Fish
8
6
Chips 0 10
B) 4 chips.
C) 3 chips.
D) 1 chip.
Fish
Chips
с
4
20
A
D
Scandia production possibilities:
Ꭰ
2
30
E
0
40
B C
16
12
8
4
0
0 12 24 36 48
E
1. Refer to the above data. The domestic opportunity cost of 1 fish in Scandia is:
A) 12 chips.

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