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The sales team at American Signature has reported that sales of couches have increased. The company would like to increase manufacturing from 100,000 couches to
The sales team at American Signature has reported that sales of couches have increased. The company would like to increase manufacturing from 100,000 couches to 200,000 couches. As the company's economist, what is the opportunity cost of producing the 100,000 additional couches? 0 300,000 recliners 0 100,000 recliners 0 300,000 couches 0 100,000 couches (Figure: Recliners and Couches) American Signature is a furniture company based in Columbus, Ohio. The graph represents American Signature's production possibility frontier for manufacturing couches and recliners. Number of Recliners (thousands) 1000 900 800 700 600 500 400 300 200 100 0 100 200 300 400 500 600
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