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Table 3-7 Assume That Japan and Korea Can Switch Between Producing Cars

Question 347

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Table 3-7
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.
Table 3-7 Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.    -Refer to Table 3-7.Suppose Korea decides to increase its production of cars by 18.What is the opportunity cost of this decision? A)  3 airplanes B)  6 airplanes C)  16 airplanes D)  150 airplanes
-Refer to Table 3-7.Suppose Korea decides to increase its production of cars by 18.What is the opportunity cost of this decision?


A) 3 airplanes
B) 6 airplanes
C) 16 airplanes
D) 150 airplanes

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