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the Opportunity Cost of producing these two products for firms in the Italy between point R and point S: Oc planes = not producing 400
the Opportunity Cost of producing these two products for firms in the Italy between point R and point S: Oc planes = not producing 400 ships/year / extra 175 planes/year Oc ships = not producing 175 planes/year / extra 400 ships/year The firms in the US are the low Opportunity cost producer of planes. The firms in Italy are the low Opportunity cost producer of ships
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