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A Nation Can Produce Two Products: Steel and Wheat

Question 83

Multiple Choice

A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule. A nation can produce two products: steel and wheat. The table below is the nation's production possibilities schedule. In moving from combination E to F, the opportunity cost of an additional unit of steel is A) 5 units of steel. B) 0 units of wheat. C) 1 unit of steel. D) 30 units of wheat. In moving from combination E to F, the opportunity cost of an additional unit of steel is


A) 5 units of steel.
B) 0 units of wheat.
C) 1 unit of steel.
D) 30 units of wheat.

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