The Dacians Are Giving Up Producing 2 Bows for Every

question 46

Multiple Choice

The Dacians are giving up producing 2 bows for every 40 arrows they are producing.The opportunity cost of producing 1 arrow is:

• A) 40 bows
• B) 20 bows
• C) 1 bow
• D) 1/20 bow
• E) 1/40 bow

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