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Reading a Production Possibility Schedule

Days

Quantity of

doughnuts

Quantity of

bagels

Quantity of

croissants

600

70

50

This schedule shows the opportunity cost of producing

doughnuts, bagels, and croissants.

Refer to the schedule and use the drop-down menu to

answer each question.

On Day 2, Raj makes 70 more bagels than on Day 1.

What is the opportunity cost of producing 70 more

bagels?

On Day 3, Raj makes 50 more croissants than on Day

2. What is the opportunity cost of producing fifty more

croissants?

2

500

140

50

3

500

70

100

User Lij
by
5.5k points

2 Answers

7 votes

Answer:

C

Step-by-step explanation:

Very

User BTagTiger
by
5.3k points
7 votes

Answer:

1. The opportunity cost of producing 70 more bagels is 100 doughnuts

2. The opportunity cost of producing fifty more croissants is 70 bagels

Step-by-step explanation:

edge

User Altrim
by
5.6k points