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Exhibit 28-3 Alternate Outputs from One Day's Labor Input

question 137

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Exhibit 28-3 Alternate Outputs from One Day's Labor Input:
United States: 12 bushels of wheat or 3 yards of textiles.
Great Britain: 3 bushels of wheat or 12 yards of textiles.
Refer to Exhibit 28-3.The opportunity cost of one bushel of wheat in Great Britain is


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