F3:39 533 @ 34% iftmoodle.ift.edu.mo Exercise for practice Production alternatives • How many tractors do we gain if we
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F3:39 533 @ 34% iftmoodle.ift.edu.mo Exercise for practice Production alternatives • How many tractors do we gain if we
F3:39 533 @ 34% iftmoodle.ift.edu.mo Exercise for practice Production alternatives • How many tractors do we gain if we move from point E to D? Type of product Chocolates Tractors ('00000) ('000) 0 10 A . B 2 9 • How many chocolates do we give up? What is the opportunity cost of each tractor from point E to D? • What about if we move from point D to point C? • What about if we move from point C to B? • What is happening to the opportunity cost of tractors as we move up the curve? с 3 6 D 3.25 4 E 3.5 0
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