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Suppose That One Unit of Labour Can Produce Either 5

Question 60

Multiple Choice

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

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

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