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Cost of butter in 1928

Updated: 4/28/2022
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9y ago

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In 1928, dairy butter was 41-cents per pound, and creamery butter was 46-cents per pound. Plain white bread was seven-cents per loaf and a dozen fresh eggs was 47-cents.

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How does an opportunity cost differ from a trade -off?

Trade-off uses the gun's and butter decision while opportunity cost is the most desirable alternative insted of the gun's and butter decision :)