Table 3-27 Assume That Huang and Min Can Switch Between Producing Parasols

question 367

Multiple Choice

Table 3-27
Assume that Huang and Min can switch between producing parasols and producing porcelain plates at a constant rate.
​
-Refer to Table 3-27. The opportunity cost of 1 parasol for Huang is

• A)1/3 plate.
• B)1/2 plate.
• C)3 plates.
• D)6 plates.

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A relationship between two variables that appears to be causal but is actually due to both variables being influenced by one or more other variables.

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