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

Question 28

Question 28

Multiple Choice

Amy must give up the production of 100 ties to produce 50 additional dress shirts. The opportunity cost of producing four dress shirts is _____ ties.


A) 4
B) 8
C) 16
D) 79

Correct Answer:

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