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Figure 3-13 Peru's Production Possibilities Frontier

Question 36

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Figure 3-13
Peru's Production Possibilities Frontier Figure 3-13 Peru's Production Possibilities Frontier -Refer to Figure 3-13.Suppose Peru decides to increase its production of rubies by 30.What is the opportunity cost of this decision? A) 1/8 emerald B) 1/3 emerald C) 1 emerald D) 3 emeralds
-Refer to Figure 3-13.Suppose Peru decides to increase its production of rubies by 30.What is the opportunity cost of this decision?


A) 1/8 emerald
B) 1/3 emerald
C) 1 emerald
D) 3 emeralds

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