These figures illustrate the production possibilities available to Barney and Betty with 8 hours of labor in their baker
Figure 3-4
-Refer to Figure 3-4.The opportunity cost of 1 loaf of bread for Barney is
A) 1/4 pie.
B) 1/2 pie.
C) 1 pie.
D) 2 pies.
Correct Answer:
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