Multiple Choice
These figures illustrate the production possibilities available to Barney and Betty with 8 hours of labor in their baker
Figure 3-4
-Refer to Figure 3-4.The opportunity cost of 1 pie for Betty is
A) 1/4 loaf of bread.
B) 3/4 loaf of bread.
C) 1 loaf of bread.
D) 4/3 loaves of bread.
Correct Answer:

Verified
Correct Answer:
Verified
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