Question
Apple trees need bees to fertilize their flowers to make apples. Bees need the pollen from apple blossoms to make honey. What is the opportunity
Apple trees need bees to fertilize their flowers to make apples. Bees need the pollen from apple blossoms to make honey. What is the opportunity cost of the apples?
a. The apples are a free good produced with the honey
b. The cost of the honey
c. The rent of the land
d. The water needed to irrigate the wheat
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Microeconomics and Behavior
Authors: Robert Frank
9th edition
9780077723750, 78021693, 77723759, 978-0078021695
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