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    Table 3-25 Assume That Maya and Miguel Can Switch Between Producing Mixers
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Table 3-25 Assume That Maya and Miguel Can Switch Between Producing Mixers

Question 403

Question 403

Multiple Choice

Table 3-25
Assume that Maya and Miguel can switch between producing mixers and producing toasters at a constant rate.
​ Table 3-25 Assume that Maya and Miguel can switch between producing mixers and producing toasters at a constant rate. ​   -Refer to Table 3-25. The opportunity cost of 1 toaster for Miguel is A) 1/2 mixer. B) 2 hours of labor. C) 2 mixers. D) 20 hours of labor.
-Refer to Table 3-25. The opportunity cost of 1 toaster for Miguel is


A) 1/2 mixer.
B) 2 hours of labor.
C) 2 mixers.
D) 20 hours of labor.

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