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In the US Turbine Fans for Jet Engines Cost $900

Question 21

Multiple Choice

In the US turbine fans for jet engines cost $900 and designer shirts cost $150. In the UK, designer shirts cost ?24 and turbine fans ?240, making turbine fans costs ____ relative to designer shirts in the US than in the UK. The opportunity cost of turbine fans is ______ in the US.


A) less, higher
B) more, lower
C) more, higher
D) less, lower

Correct Answer:

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