Sam can brew 5 gallons of root beer in an hour or he can make 4 pizzas in an hour. Ben can brew 7 gallons of root beer in an hour or he can make 5 pizzas in an hour. Sam's opportunity cost of making a pizza is gallons of root beer. Ben's opportunity cost of making a pizza is gallons of root beer.
Sam can brew 5 gallons of root beer in an hour or he can make 4 pizzas in an hour. Ben can brew 7 gallons of root beer in an hour or he can make 5 pizzas in an hour. Sam's opportunity cost of making a pizza is gallons of root beer. Ben's opportunity cost of making a pizza is gallons of root beer.
Chapter18: International Trade And Finance
Section: Chapter Questions
Problem 2SQP
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Sam can brew 5 gallons of root beer in an hour or he can make 4 pizzas in an hour. Ben can brew 7 gallons of root beer in an hour or he can make 5 pizzas in an hour.
Sam's
Ben's opportunity cost of making a pizza is gallons of root beer.
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