A country has constant opportunity cost of production. With their given resources they can produce either 555 calculators or 1.145 toasters per week What is the opportunity cost of producing one cakulator? Enter a number rounded to two decimal places Do not enter any other words or characters

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter20: Economic Growth In The Global Economy
Section: Chapter Questions
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A country has constant opportunity cost of production. With their given resources they can produce either 555 calculators or 1.145 toasters per week
What is the opportunity cost of producing one caculator?
Enter a number rounded to two decimal places. Do not enter any other words or characters
Transcribed Image Text:A country has constant opportunity cost of production. With their given resources they can produce either 555 calculators or 1.145 toasters per week What is the opportunity cost of producing one caculator? Enter a number rounded to two decimal places. Do not enter any other words or characters
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