Betty and Ann live on a desert island. With a day's labor, Ann can produce 6 fish or 4 coconuts; Betty can produce 3 fish or 1 coconut. Betty's opportunity cost of producing 1 fish is ________, and she should specialize in the production of ________

A) 1/3 coconut per fish; fish
B) 2/3 coconut per fish; coconuts
C) 1 coconut per fish; fish
D) 4 coconuts per fish; fish


A

Economics

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The financial crisis that started in 2007 was unusual because it started in an advanced economy, the United States

Indicate whether the statement is true or false

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If water quality law prevents the achievement of the efficiency criterion

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Economics