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Suppose One Unit of Labour Can Produce Either 5 Units

Question 111

Multiple Choice

Suppose one unit of labour can produce either 5 units of wool or 2 pineapples.What is the opportunity cost of producing 1 pineapple?

A) 5 units of wool
B) 2 units of wool
C) 2/5 unit of wool
D) 5/2 units of wool
E) zero

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