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If Only Two Products Are Produced in an Economy,corn and Cars,the

Question 2

Multiple Choice

If only two products are produced in an economy,corn and cars,the opportunity cost of producing a car equals the


A) gain in cars divided by the loss in corn.
B) loss in corn divided by the gain in cars.
C) opportunity cost of producing a bushel of corn.
D) gain in corn divided by the loss in cars.
E) loss in cars divided by the gain in corn.

Correct Answer:

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