please please someone strong in economics, answer these two questions please and thank you. 1-A clothing company manufac

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answerhappygod
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please please someone strong in economics, answer these two questions please and thank you. 1-A clothing company manufac

Post by answerhappygod »

please please someone strong in economics, answer these two
questions please and thank you.
1-A clothing company manufacturers only dresses and hats. with
its current resources it can only manufacture the following daily
combinations:
0 dresses + 20 hats
2 dresses + 19 hats
4 dresses + 18 hats
6 dresses + 16 hats
8 dresses + 10 hats
10 dresses + 0 hats
Currently the company is producing 4 dresses and 10 hats when a
new order for 6 more dresses comes in. What would be the
opportunity cost of filling this new order in terms of number of
hats given up?
2-A clothing company manufacturers only dresses and hats. With
its current resources it can only manufacture the following daily
combinations:
0 dresses + 20 hats
2 dresses + 19 hats
4 dresses + 18 hats
6 dresses + 16 hats
8 dresses + 10 hats
10 dresses + 0 hats
From the above data, we can conclude that the resources used by
the company to produce dresses and hats are________
A-equally suited to producing both goods
B-specialized i.e., better suited to producing one or the other
good
C-We cannot make any of the given conclusions based on the data
given
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