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Suppose that a production possibilities frontier is given by the following equation: T2+2.7C=73. What is the opportunity cost of good C in terms of T
Suppose that a production possibilities frontier is given by the following equation: T2+2.7C=73. What is the opportunity cost of good C in terms of T when calculated between C=1.1 and C=4.8? Report your answer in absolute value and round to two decimal places. Please include an explanation. Thank you!
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