macroeconomics-202-Rose-and-Sharon-s-hourly-productivity
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1st question:
Consider two individuals, Rose and Sharon, who produce fish and coconuts. Rose and Sharon’s hourly productivity are shown in Table 3.2. Rose’s opportunity cost of producing 1 fish is: |
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2nd Q:
Table 3.1 illustrates Willy and Blythe’s hourly production for apples and carrots. From the table, we can conclude that: |
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3rd Q:
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