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Figure 3-6 These Figures Illustrate the Production Possibilities Available to Barney and Barney
Multiple Choice
Figure 3-6
These figures illustrate the production possibilities available to Barney and Betty with eight hours of labour in their bakery.
-Refer to Figure 3-6. What is the opportunity cost of one loaf of bread for Barney?
A) 1/4 pie
B) 1/2 pie
C) 1 pie
D) 2 pies
Correct Answer:
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