Refer to the table. What is the opportunity cost of one beach ball for Ontario? 1/4 sled 3/4 sled

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Alberta
Ontario
1/4 sled
3/4 sled
1 sled
Labour hours needed to make 1 unit:
4/3 sleds
Beach Balls
6
3
Sleds
2
4
mo
Amount produced in 24 hours:
Refer to the table. What is the opportunity cost of one beach ball for Ontario?
Beach Balls
8
00
Sleds
12
6
Transcribed Image Text:Alberta Ontario 1/4 sled 3/4 sled 1 sled Labour hours needed to make 1 unit: 4/3 sleds Beach Balls 6 3 Sleds 2 4 mo Amount produced in 24 hours: Refer to the table. What is the opportunity cost of one beach ball for Ontario? Beach Balls 8 00 Sleds 12 6
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