3. shows the production possibilities for the country of Emilon. TABLE 1.14 ABCD E Rice 0 50 90 120 140 Beef 50 45 35 20
3. shows the production possibilities for the country of Emilon. TABLE 1.14 ABCD E Rice 0 50 90 120 140 Beef 50 45 35 20 0 a) What is the total cost of producing 90 rice? Answer: (rice/beef) b) What is the total cost of going from possibility C to possibility D? Answer: (rice/beef) c) What is the approximate per-unit cost of going from possibility C to possibility D? Answer: (rice/beef) d) What is the total cost of going from possibility D to possibility C? Answer: (rice/beef) ANSWER QUESTION #3 HERE FILL IN THE BLANK ABOVE B D
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