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Peter Can Produce Either a Combination of 20 Bow Ties

Question 59

Multiple Choice

Peter can produce either a combination of 20 bow ties and 30 neckties or a combination of 35 bow ties and 15 neckties.If he now produces 35 bow ties and 15 neckties, what is the opportunity cost of producing an additional 15 neckties?


A) 2 bow ties
B) 15 bow ties
C) 20 bow ties
D) 35 bow ties

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