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A Nation Can Produce Two Products: Steel and Wheat

Question 82

Multiple Choice

A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule. A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule. The marginal opportunity cost of the first unit of steel is A) 15 units of wheat. B) 90 units of wheat. C) 10 units of wheat. D) 100 units of wheat. The marginal opportunity cost of the first unit of steel is


A) 15 units of wheat.
B) 90 units of wheat.
C) 10 units of wheat.
D) 100 units of wheat.

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