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A Nation Can Produce Two Products: Steel and Wheat

Question 162

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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:   Refer to the above table. In moving from combination E to F, the opportunity cost of an additional unit of steel is: A)  5 units of steel B)  0 unit of wheat C)  1 unit of steel D)  30 units of wheat Refer to the above table. In moving from combination E to F, the opportunity cost of an additional unit of steel is:


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

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