Multiple Choice
Scenario: Suppose a country produces only two goods: Good X and Good Y.
-Refer to the scenario above.The opportunity cost of producing Good X equals ________.
A) loss in Good Y/loss in Good X
B) loss in Good Y/gain in Good X
C) loss in Good X/loss in Good Y
D) loss in Good X/gain in Good Y
Correct Answer:
Verified
Correct Answer:
Verified
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