In a given amount of time Van can produce either 50 pounds of vegetables or 10...
In a given amount of time Van can produce either 50 pounds of vegetables or 10 pounds of chicken.
If Van wants to produce 10 pounds of chicken then he must give up ____pounds of vegetables.
If Van wants to produce 1 pound of chicken then he must give up ____ pounds of vegetables.
If Van wants to produce 2 pounds of chicken then he must give up ____ pounds of vegetables.
Homework Answers
Considering the opportunity cost o producing chicken as : C/V = 10/50 = 5
Thus for each pound of chicken Van must give up 5 pounds of Vegetables
f Van wants to produce 10 pounds of chicken then he must give up 50 pounds of vegetables.
If Van wants to produce 1 pound of chicken then he must give up 5 pounds of vegetables.
If Van wants to produce 2 pounds of chicken then he must give up 10 pounds of vegetables.
Add Answer to:
In a given amount of time Van can produce either 50 pounds of
vegetables or 10...
Amy can produce either 5,000 pounds of cheese or 20 houses per year. Jim can produce...
Amy can produce either 5,000 pounds of cheese or 20 houses per year. Jim can produce either 5,000 pounds of cheese or 10 houses per year. If both Amy and Jim produce only cheese, how much cheese can they produce per year? a. 10,000 pounds b. 2,500 pounds c. 5,000 pounds d. 7,500 pounds e. 12,500 pounds
Justin's farm can produce 5 pounds of apples or 21 pounds of pears in one hour....
Justin's farm can produce 5 pounds of apples or 21 pounds of pears in one hour. Samantha's farm can produce 7 pounds of apples or 34 pounds of pears in one hour. What is Samantha's opportunity cost of producing 1 pound of pears? Round your answer to one decimal place. Be sure to enter the correct units for what they are giving up. Your Answer: Answer units
1. With given resources and technology, a country can produce either 100 million cars or 50...
1. With given resources and technology, a country can produce either 100 million cars or 50 million tons of paper. What is the opportunity cost of producing one ton of paper? a.) 500,000 cars b.) 100 million cars c.) 2 million cars d.) None 2. With its given resources and technology, an economy can produce either 100 units of good Y or 50 units of good X. For each of the following combinations of goods indicate whether the combination is...
Use the following scenario to answer the following questions: Natasha can produce either 5,000 pounds of...
Use the following scenario to answer the following questions: Natasha can produce either 5,000 pounds of cheese or 20 houses per year. Jameson can produce either 5,000 pounds of cheese or 10 houses per year. If this economy produces more than 20 houses per year, the opportunity cost of a house will ________ because ________. a increase; an input with a higher opportunity cost must be used b increase; all gains from trade have already been exploited c remain the...
2. David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista...
2. David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road. One of the difficult decisions is the amount of bananas to buy. Let us make some simplifying assumptions, and assume that David purchases bananas once a week at 20 cents per pound and retails them at 50 cents per pound during the week. Bananas that are more than a week old are too ripe to sell and David will pay workers to take...
2. David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista...
2. David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road. One of the difficult decisions is the amount of bananas to buy. Let us make some simplifying assumptions, and assume that David purchases bananas once a week at 20 cents per pound and retails them at 50 cents per pound during the week. Bananas that are more than a week old are too ripe to sell and David will pay workers to take...
4. With the same amount of resources, Country A can produce 25 tons of chicken or...
4. With the same amount of resources, Country A can produce 25 tons of chicken or 50 tons of wheat. What is Country A's opportunity cost of producing 1 ton of wheat? a. 2 tons of chicken b. 25 tons of wheat 25 tons of chicken d. 1 ton of chicken C.
1. A country can produce either 16 pounds of fish or 9 bushels of corn. What...
1. A country can produce either 16 pounds of fish or 9 bushels of corn. What is the opportunity cost of producing one bushel of corn? Round to 2 decimal places
a. 4. With the same amount of resources, Country A can produce 25 tons of chicken...
a. 4. With the same amount of resources, Country A can produce 25 tons of chicken or 50 tons of wheat. What is Country A's opportunity cost of producing 1 ton of wheat? 2 tons of chicken b. 25 tons of wheat c. 25 tons of chicken d. ton of chicken
David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road....
David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road. One of the difficult decisions is the amount of bananas to buy. Let us make some simplifying assumptions, and assume that David purchases bananas once a week at 20 cents per pound and retails them at 50 cents per pound during the week. Bananas that are more than a week old are too ripe to sell and David will pay workers to take them...
Justin's farm can produce 5 pounds of apples or 21 pounds of pears in one hour. Samantha's farm can produce 7 pounds of apples or 34 pounds of pears in one hour. What is Samantha's opportunity cost of producing 1 pound of pears? Round your answer to one decimal place. Be sure to enter the correct units for what they are giving up. Your Answer: Answer units
2. David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road. One of the difficult decisions is the amount of bananas to buy. Let us make some simplifying assumptions, and assume that David purchases bananas once a week at 20 cents per pound and retails them at 50 cents per pound during the week. Bananas that are more than a week old are too ripe to sell and David will pay workers to take...
2. David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road. One of the difficult decisions is the amount of bananas to buy. Let us make some simplifying assumptions, and assume that David purchases bananas once a week at 20 cents per pound and retails them at 50 cents per pound during the week. Bananas that are more than a week old are too ripe to sell and David will pay workers to take...
4. With the same amount of resources, Country A can produce 25 tons of chicken or 50 tons of wheat. What is Country A's opportunity cost of producing 1 ton of wheat? a. 2 tons of chicken b. 25 tons of wheat 25 tons of chicken d. 1 ton of chicken C.
a. 4. With the same amount of resources, Country A can produce 25 tons of chicken or 50 tons of wheat. What is Country A's opportunity cost of producing 1 ton of wheat? 2 tons of chicken b. 25 tons of wheat c. 25 tons of chicken d. ton of chicken
David buys fruits and vegetables wholesale and retails them at Davids Produce on La Vista Road. One of the difficult decisions is the amount of bananas to buy. Let us make some simplifying assumptions, and assume that David purchases bananas once a week at 20 cents per pound and retails them at 50 cents per pound during the week. Bananas that are more than a week old are too ripe to sell and David will pay workers to take them...
Most questions answered within 3 hours.
-
A pendulum is made up of a small sphere of mass 0.500 kg
attached to a...
asked 14 minutes ago -
Given a pn junction with both thin p-type and n-type materials
such that Wn and Wp...
asked 13 minutes ago -
it was discussed that animals should be treated the same as
humans, that pain is pain,...
asked 14 minutes ago -
The vapor pressure of water at 20°C is 17.54 torr. Calculate the
vapor pressure (in torr)...
asked 36 minutes ago -
In python:
Create a list called numten that contains ten numbers go through
the list and...
asked 28 minutes ago -
Suppose you just bought the new Windoze 8 and that you realize
that it really sucks....
asked 30 minutes ago -
Hi,
can someone please explain to me the time complexity of an
algorithm specially big O...
asked 36 minutes ago -
Python
Prompt the
user to enter a step size to step down by. Write a while
loop...
asked 36 minutes ago -
Demonstrate the power of the Containment Theory of Walter
Reckless with regard to the idea of...
asked 48 minutes ago -
Case 3: New Retail Strategy
September 2010: American retailers are cutting expenses to
maintain stable profits...
asked 58 minutes ago -
What do you expect to happen when acetylacetone reacts with a
base? Draw structures of the...
asked 57 minutes ago -
What is meant by biocultural evolution? what examples will
better describe how it might have influenced...
asked 1 hour ago