Multiple Choice
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.
Correct Answer:

Verified
Correct Answer:
Verified
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