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Author Question: The table below illustrates that, in one day, Tristan can produce either 12 fishing lures or mow 3 ... (Read 145 times)

heatherbabydoll1

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on: Oct 12, 2022

Question 1

With a budget of $500 000, a school board can choose to purchase 20 000 textbooks or 2000 laptop computers (or some intermediate combination) for use in classrooms.



FIGURE 1-2

Refer to Figure 1-2. What is the price of a laptop computer in this example?


◦ $100
◦ $40
◦ $50
◦ $25
◦ $250

Question 2

The table below illustrates that, in one day, Tristan can produce either 12 fishing lures or mow 3 lawns, while Thomas can produce either 6 fishing lures or mow 6 lawns.

​Fishing LuresMowed Lawns
Tristan123
Thomas66

TABLE 1-1

Refer to Table 1-1. What is Tristan's opportunity cost of producing one fishing lure?
◦ 4 mowed lawns
◦ one mowed lawn
◦ 3 mowed lawns
◦ 1/4 of a mowed lawn
◦ 1/3 of a mowed lawn
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by heatherbabydoll1 on Oct 12, 2022

Talvinder.Singh

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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heatherbabydoll1

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

chereeb

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Reply 3 on: Yesterday
Wow, this really help

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