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Business, 26.01.2022 21:50 wambold3

Marlon, a Costa Rican farmer, has just bought a plot of land suitable for growing bananas or coffee. If he only plants one type of crop, he has enough land to plant 10 coffee plants or 20 banana trees on his farm. (He can also plant a mix of the two crops, but in this hypothetical example coffee plants need twice as much space as banana plants.) What is his opportunity cost of planting 1 coffee plant

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Marlon, a Costa Rican farmer, has just bought a plot of land suitable for growing bananas or coffee....

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