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    Exam 8: Gains From Trade
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    Jamie Must Give Up the Production of 100 Ties to Produce
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Jamie Must Give Up the Production of 100 Ties to Produce

Question 78

Question 78

Multiple Choice

Jamie must give up the production of 100 ties to produce 50 additional sweaters. The opportunity cost of producing four ties is _____ sweater(s) .


A) 1
B) 3
C) 2
D) 28

Correct Answer:

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