Multiple Choice
Table 2.12 Table 2.12 shows the number of labour hours required to produce a cell phone and a cubic metre of lumber in Estonia and Finland.
-Refer to Table 2.12.What is Finland's opportunity cost of producing one cell phone?
A) 0.25 cubic metres of lumber
B) 4 cubic metres of lumber
C) 12 cubic metres of lumber
D) 16 cubic metres of lumber
Correct Answer:

Verified
Correct Answer:
Verified
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