Table 1 shows the production possibilities of an island community. This communitys opportunity cost of producing 1
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Table 1 shows the production possibilities of an island community. This community’s opportunity cost of producing 1 pound of fish ______.
A. is the increase in the quantity of berries gathered as the quantity of fish increases by 1 pound B. increases as the quantity of berries gathered increases C. is 10 pounds of berries if the quantity of fish increases from 2 to 3 pounds D. increases as the quantity of fish caught increases
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Related Book For
Essential Foundations Of Economics
ISBN: 9781786633255
8th Edition
Authors: Robin Bade, Michael Parkin
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