In the table above, Jack's opportunity cost for 1 pound of food is ________ and his opportunity cost for 1 pound of clothing is ________

A) 1 pound of clothing; 4 pounds of food
B) 1/2 of a pound of clothing; 2 pounds of food
C) 1/3 of a pound of clothing; 3 pounds of food
D) 2 pounds of clothing; 2 pounds of food
E) 1 pound of food; 1 pound of clothing


B

Economics

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Lizzie's preferences are shown in the figure above. Which of the following combinations of goods does Lizzie prefer the most?

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According to the World View excerpt that compares GDP figures for several nations, Russia's real GDP is approximately

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Economics