In a Mexican factory,each worker can produce 1/8 of a vase or 1/16 of a statue per hour.If there are 400 workers at the factory,the opportunity cost of one vase is
A) 2 statues
B) 8 statues
C) 1/2 of a statue
D) 16 statues
E) 1/16 of a statue
Correct Answer:
Verified
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Q30: Figure 16-3
Quantities of goods that can be
Q32: Figure 16-3
Quantities of goods that can be
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Number of workers needed to produce
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