Spencer Montgomery

Business

6 January, 18:15

Use the following information to answer questions 10 - 14. Suppose South Korea can produce 100 computer chips with 12 hours of labor input and 50 bed linens with 6 hours of labor input. The US can produce 100 computer chips with 10 hours of labor input and 50 bed linens with 4 hours of labor input. The opportunity cost of producing 100 computer chips for South Korea is:

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