Consider a nation that produces baseball mitts and soccer balls. The following table shows the possible combinations of the two products (1 point).

1.Consider a nation that produces baseball mitts and soccer balls. The following table shows the possible combinations of the two products (1 point).

Baseball Mitts    0     2    4    6   8

Soccer Balls     30    24   18   10   0

1)Suppose the current combination of two products is 4 baseball mitts and 18 soccer balls. Find an opportunity cost to get one more baseball mitt.

Calculation Procedure:





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