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Assume that it takes 2 hours of labor to produce a unit of good X and 6 hours of labor to produce a unit of
Assume that it takes 2 hours of labor to produce a unit of good X and 6 hours of labor to produce a unit of good Y. What is the opportunity cost of producing 2 units of good Y? 1/6 unit of good X 2 units of good X 4 units of good X 6 units of good X Zero opportunity cost, if all the labor is currently employed
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