Refer to the table Comparative and Absolute Advantage II. The table summarizes the amount of baseball bats and bobblehead dolls that can be produced per unit of labor in Stewarton and Colberton. The opportunity cost of producing dolls in Stewarton is:
A) one-quarter bat.
B) one-half bat.
C) one bat.
D) four bats.
Correct Answer:
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