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Units per Year Health Care Education 400 0 370 20 330 40 270 50 190 60 100 70 0 80 What is the opportunity cost
Units per Year | |
|---|---|
| Health Care | Education |
| 400 | 0 |
| 370 | 20 |
| 330 | 40 |
| 270 | 50 |
| 190 | 60 |
| 100 | 70 |
| 0 | 80 |
- What is the opportunity cost of increasing health care from 100 to 190 units?
________ units of education
How do i simplify the opportunity cost to get my answer?
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
