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Table 2-5 Table 2-5 Shows the Number of Labor Hours

Question 120

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Table 2-5
Table 2-5    Table 2-5 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland. -Refer to Table 2-5.What is Estonia's opportunity cost of producing one board foot of lumber? A) 0.2 cell phones B) 5 cell phones C) 8 cell phones D) 32 cell phones Table 2-5 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland.
-Refer to Table 2-5.What is Estonia's opportunity cost of producing one board foot of lumber?


A) 0.2 cell phones
B) 5 cell phones
C) 8 cell phones
D) 32 cell phones

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