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16 Dec 2017
Clothing 14 Food 41) Suppose the economy is closed to trade and is operating at point E. The opportunity cost of food: A) cannot be determined B) is infinite since it is impossible to produce more food C) is greater than the opportunity cost of clothing D) is less than the opportunity cost of clothing E) is zero
Clothing 14 Food 41) Suppose the economy is closed to trade and is operating at point E. The opportunity cost of food: A) cannot be determined B) is infinite since it is impossible to produce more food C) is greater than the opportunity cost of clothing D) is less than the opportunity cost of clothing E) is zero
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