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Suppose that Bailey can bake 16 loaves of bread from scratch in one hour or deep-fry 8 turkeys in one hour. Also, in one hour,
Suppose that Bailey can bake 16 loaves of bread from scratch in one hour or deep-fry 8 turkeys in one hour. Also, in one hour, Anthony can bake 4 loaves of bread or deep-fry 10 turkeys.
Calculate Bailey's opportunity cost of producing one loaf of bread.
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