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70. Countries A and B produce only rubber bands and paper clips under the production possibilities schedules shown below: Country Rubber Bands Paper Clips A

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70. Countries A and B produce only rubber bands and paper clips under the production possibilities schedules shown below: Country Rubber Bands Paper Clips A 40 80 B 10 40 In country A the opportunity cost of 1 paper clip is: A. 2 rubber bands B. 1 rubber band C. 1/2 rubber band D. 1/4 rubber band

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