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  3. 4 problems and applications q4 suppose that there are 10...

Question: 4 problems and applications q4 suppose that there are 10...

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4. Problems and Applications Q4 Suppose that there are 10 million workers in Japan and that each of these workers can produce either 2 cars or 20 pushels of wheat in a year. The opportunity cost of producing a car in Japan is bushels of wheat, and the opportunity cost of producing a bushel of wheat in lapan is cars.
5. Problems and Applications Q5 England and Scotland both produce scones and sweaters. Suppose that an English worker can produce 40 scones per hour or 1 sweater per hour Suppose that a Scottish worker can produce 20 scones per hour or 2 sweaters per hour
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