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    Exam 2: Scarcity, Trade-Offs, and Production Possibilities
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    FIGURE 2-2 -Refer to Figure 2-2. What Is the Opportunity Cost of the Opportunity
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FIGURE 2-2 -Refer to Figure 2-2. What Is the Opportunity Cost of the Opportunity

Question 140

Question 140

Multiple Choice

FIGURE 2-2
FIGURE 2-2    -Refer to Figure 2-2. What is the opportunity cost of producing an additional cake equal to? A)  1/4 of a cupcake B)  4 cupcakes C)  10 cupcakes D)  40 cupcakes
-Refer to Figure 2-2. What is the opportunity cost of producing an additional cake equal to?


A) 1/4 of a cupcake
B) 4 cupcakes
C) 10 cupcakes
D) 40 cupcakes

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