The companies that produce either copper or corn tell you that it takes 10 hours to mine

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Question:

The companies that produce either copper or corn tell you that it takes 10 hours to mine a ton of copper and 20 hours to harvest a bushel of corn. This means the opportunity cost of producing a ton of copper is:

Select one:

a. 4 bushels of corn

b. 10 bushels of corn

c. 30 bushels of corn

d. 2 bushels of corn

Related Book For answer-question

Operations Management Creating Value Along the Supply Chain

ISBN: 978-0470525906

7th Edition

Authors: Roberta S. Russell, Bernard W. Taylor

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Posted Date: Aug 08, 2019 02:10 AM

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The companies that produce either copper or corn tell you that it takes 10 hours to mine

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Expert Answer:

a It takes 10 hours to mine a to u of copper b ... View the full answer

Operations Management Creating Value Along the Supply Chain

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