Homework Answers
Ans 1)
At point D
Eddie needs 19/6=3.33 balls per hour
Eddie needs 2 hrs for 1 truck therefore if he needs to produce 1 more truck then he has to forgo 6.67 balls
Hence opportunity cost is 6.67 balls per day
Ans 2)
At point C if he tries to produce 1 more truck then he would be forgoing 8 balls per day
Opportunity cost is 8 balls per day
Ans 3)
It is increasing as you can see the trend 6.67 , 8 and then 10 balls
Ans 4)
Opportunity cost will get halved as 3.33,4 & 5
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following table shows the daily output resulting from various
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Choice
Hours Producing
Produced
(Trucks)
(Kites)
(Trucks)
(Kites)
A
8
0
4
0
B
6
2
3
11
C
4
4
2
16
D
2
6
1
19
E
0
8
0
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Choice
Hours Producing
Produced
(Trucks)
(Kites)
(Trucks)
(Kites)
A
8
0
4
0
B
6
2
3
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C
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4
2
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1
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