Homework (Ch 02) 0 x Beth is a skilled toy maker who is able to produce both cars and kites. She ha day to produce toys.
Posted: Sun May 29, 2022 6:43 pm
CENGAGE MINDTAP Homework (Ch 02) 30 25 20 15 10 5 0 KITES 0 1 2 3 CARS 5 8 O Initial PPF New PPF Q Search this course X A-Z <
rch this course Homework (Ch 02) X Suppose Beth is currently using combination D, producing one car per day. Her A-Z opportunity cost of producing a second car per day is_ per day. 1 kite ng two cars per day Now, suppose Beth is currently using combination C, opportunity cost of producing a third car per day is 2 kites per day. 13 kites From the previous analysis, you can determine that a 15 kites increases her produ ME cars, her opportunity cost of producing one more car
Suppose Beth is currently using combination D, producing one car per day. Her opportunity cost of producing a second car per day is per day. A-Z Now, suppose Beth is currently using combination C, producing two cars per day opportunity cost of producing a third car per day is_ per day. 1 kite th increases her produ From the previous analysis, you can determine that cars, her opportunity cost of producing one more ca 5 kites 8 kites Suppose Beth buys a new tool that enables her to A 13 kites twice as many cars p before, but it doesn't affect her ability to produce kites. Use the green points (tr
Now, suppose Beth is currently using combination C, producing two cars per day. opportunity cost of producing a third car per day is per day. A-Z From the previous analysis, you can determine that as Beth increases her produc cars, her opportunity cost of producing one more car decreases increases as many cars pe Suppose Beth buys a new tool that enables her to pro before, but it doesn't affect her ability to produce kite symbol) to plot her new PPF on the previous graph. reen points (tri remains constant M Because she can now make more cars per hour, Beth's opportunity cost of produ
cars, her opportunity cost of producing one more car A-Z Suppose Beth buys a new tool that enables her to produce twice as many car before but it doesn't affect her ability to produce kites. Use the green points plot her new PPF on the previous graph. higher than sy lower than Be the same as e can now make more cars per hour, Beth's opportunity cost of pro is it was previously. Grade It Now Cont