Table 1.3 shows the hypothetical trade-off between different combinations of brushes and combs that might be produced in a year with the limited capacity for Country X, ceteris paribus.Complete the table by calculating the required opportunity costs for brushes and combs.
On the basis of your calculations in Table 1.3, in the production range of 1 to 2 combs the opportunity cost of producing 1 more comb in terms of brushes is
A) 4.
B) 1/2.
C) 2/17.
D) 1/7.
Correct Answer:
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Q91: Table 1.3 shows the hypothetical trade-off
Q92: Table 1.1 shows the hypothetical trade-off
Q93: Table 1.2 shows the hypothetical trade-off
Q94: Table 1.1 shows the hypothetical trade-off
Q95: Table 1.3 shows the hypothetical trade-off
Q97: Table 1.2 shows the hypothetical trade-off
Q98: Table 1.1 shows the hypothetical trade-off
Q99: Table 1.1 shows the hypothetical trade-off
Q100: Table 1.2 shows the hypothetical trade-off
Q101: ![]()
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