Refer to the figure above when answering the following question. What is the opportunity cost of producing the first 100 units of clothing?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter2: Choice In A World Of Scarcity
Section: Chapter Questions
Problem 27P: What is Maries opportunity cost of purchasing a pie?
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B
1000
75
40
Food
100
E
D
150
A
Clothes
Refer to the figure above when answering the following question.
What is the opportunity cost of producing the first 100 units of clothing?
Transcribed Image Text:B 1000 75 40 Food 100 E D 150 A Clothes Refer to the figure above when answering the following question. What is the opportunity cost of producing the first 100 units of clothing?
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