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Hutch Technology Makes Computer Monitors, Which Sell for $500 Each

Question 54

Multiple Choice

Hutch Technology makes computer monitors, which sell for $500 each. What is the opportunity cost of producing ten monitors?


A) $5,000
B) the other goods that could be produced with the resources that produce the ten monitors
C) the profits that Hutch earns when it sells the ten monitors
D) the profits that Hutch loses if it does not produce the monitors
E) All of the above are correct.

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