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Residents of the nation of Border Kingdom can forgo production of 8K televisions and utilize all available resources to produce 420 bottles of high-quality wine
Residents of the nation of Border Kingdom can forgo production of 8K televisions and utilize all available resources to produce 420 bottles of high-quality wine per hour. Alternatively, they can forgo producing wine and instead produce 70 8K TVs per hour. In the neighboring country of Coastal Realm, residents can forgo production of 8K TVs and use all resources to produce 240 bottles of high-quality wine per hour, or they can forgo wine production and produce 60 8K TVs per hour. In both nations, the opportunity costs of producing the two goods are constant Note: Throughout this problem enter each numeric response as a whole number or fraction The opportunity cost of producing 1 8K TV in Border Kingdom is bottles of wine
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