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Table 2-4 Table 2-4 Shows the Number of Labor Hours Required to of Labor

question 152

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Table 2-4
Table 2-4     Table 2-4 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland. -Refer to Table 2-4.What is Finland's opportunity cost of producing one cell phone? A)  0.25 board feet of lumber B)  4 board feet of lumber C)  12 board feet of lumber D)  16 board feet of lumber
Table 2-4 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland.
-Refer to Table 2-4.What is Finland's opportunity cost of producing one cell phone?

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Products or services imported into a country from overseas for the purpose of selling.

Price

The funds expected, demanded, or provided in exchange for a particular good or service.

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Devices that can read information stored on CD-ROMs, which are used for the digital storage of data.

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