In one hour, Sue can produce 40 caps or 4 jackets and Tessa can produce 80 caps or 4 jackets. Sue's opportunity cost of producing a cap is _____ jackets and Tessa's opportunity cost of producing a cap is ____ jackets.

Fill in the blank(s) with the appropriate word(s).


Ans: Tessa; both Sue and Tessa gain

Economics

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