Multiple Choice
A farmer has the ability to grow either corn or cotton or some combination of the two.Given no other information,it follows that the farmer's opportunity cost of a bushel of corn multiplied by his opportunity cost of a bushel of cotton
A) is equal to 0.
B) is between 0 and 1.
C) is equal to 1.
D) is greater than 1.
Correct Answer:
Verified
Correct Answer:
Verified
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