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Table 2-5 Table 2-5 Shows the Number of Labor Hours

question 203

Multiple Choice

Table 2-5
Table 2-5 Table 2-5 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 2-5.What is Estonia's opportunity cost of producing one cell phone? A) 0.2 board feet of lumber B) 5 board feet of lumber C) 8 board feet of lumber D) 32 board feet of lumber Table 2-5 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 2-5.What is Estonia's opportunity cost of producing one cell phone?

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Definitions:

Simplify

To reduce a mathematical expression to its most basic form, making it easier to work with.

Multiply

To increase a number by a specified factor, or the operation of adding a number to itself a certain number of times.

Simplify

To alter an expression to make it easier to understand or work with, often by combining like terms or applying mathematical operations.

Multiply

The process of calculating the total of one number added to itself a specified number of times.

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