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It takes Betty 9 h to bake a cake and 8 h to knit a sweater. What is her opportunity cost of 1 cake in terms of knitted sweaters? (Enter the number only and express it in decima…
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It takes Betty 9 h to bake a cake and 8 h to knit a sweater. What is her opportunity cost of 1 cake in terms of knitted sweaters? (Enter the number only and express it in decima…
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Sep 28, 2020
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It takes Betty 9 h to bake a cake and 8 h to knit a sweater. What is her opportunity cost of 1 cake in terms of knitted sweaters? (Enter the number only and express it in decimal form by rounding to the second decimal place.)
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