What is the marginal opportunity cost of producing

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Reference no: EM13818508

Combination Corn Paper

A 0 6

B 18 5

C 33 4

D 45 3

E 54 2

F 60 1

G 63 0

1. Use the above graph to construct a production possbililites curve placing corn on vertical axis and paper on the horizontal axis.

2. What is the marginal opportunity cost of producing the first unit of paper? The marginal opportunity cost of producing the fourth unit of paper?

Reference no: EM13818508

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