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With the resources available, you can make the combinations of Ums and Umies (trinkets from a place called Bandarban) shown in the table. The opportunity cost of producing 60 Umies instead of 30 Umies is:
Median
A statistical measure representing the middle value in a data set when the values are arranged in ascending or descending order.
Mean
A statistical measure that represents the average value of a set of numbers.
Median
The middle value in a data set when the values are arranged in ascending or descending order.
Mean
The arithmetic average of a set of numbers, calculated by dividing the sum of all values by the number of values.
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