Business, 28.10.2019 19:31 emilie3849
Alpha can produce 40 units of coffee or 8 units of cashew nuts. beta can produce 6 units of coffee or 6 units of nuts. which statement is accurate with regard to the opportunity cost of production?
question 1 options:
alpha's opportunity cost of producing 1 unit of cashew nuts is 5 units of coffee.
alpha's opportunity cost of producing 1 unit of coffee is 8 units of nuts.
beta's opportunity cost of producing 1 unit of nuts is 8 units of coffee.
Answers: 2
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Alpha can produce 40 units of coffee or 8 units of cashew nuts. beta can produce 6 units of coffee o...
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