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Business, 15.04.2020 00:00 princessksh8
Vietnam and Ecuador both produce shrimp and rice. Vietnam can produce 180 thousand pounds of shrimp or 60 thousand pounds of rice in a year. Ecuador can produce 130 thousand pounds of shrimp or 26 thousand pounds of rice in a year.
a. Vietnam's opportunity cost of producing one pound of rice is equal to
b. Ecuador's opportunity cost of producing one pound of rice is equal to
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Vietnam and Ecuador both produce shrimp and rice. Vietnam can produce 180 thousand pounds of shrimp...
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