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Use the Following Scenario to Answer Thefollowing Questions

Question 111

Multiple Choice

Use the following scenario to answer thefollowing questions:
An economy has two workers,Smith and Ricardo.Each day they work,Smith can produce 4 computers or 16 smartphones,and Ricardo can produce 6 computers or 12 smartphones.
-The opportunity cost for Ricardo to produce one smartphone is ________ computer(s) .


A) one-quarter of a
B) one-half of a
C) one
D) two
E) four

Correct Answer:

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