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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
Edition 20ISBN: 978-0077660772 Exercise 20
Before specialization, the domestic opportunity cost of producing 1 unit of beef is:
A) 1 unit of vegetables in both the United States and Mexico.
B) 1 unit of vegetables in the United States and 2 units of vegetables in Mexico.
C) 2 units of vegetables in the United States and 1 unit of vegetables in Mexico.
D) 1 unit of vegetables in the United States and 12 unit of vegetables in Mexico.
A) 1 unit of vegetables in both the United States and Mexico.
B) 1 unit of vegetables in the United States and 2 units of vegetables in Mexico.
C) 2 units of vegetables in the United States and 1 unit of vegetables in Mexico.
D) 1 unit of vegetables in the United States and 12 unit of vegetables in Mexico.
Explanation
Verified
Verified
Hence, the correct answer is b. 1 unit o...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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