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QUESTION 1 Pizzas Spaghetti Dishes Cooks Emily Baily 25 110 30 The opportunity cost for Baily to prepare a pizza is 2.0.5 b.0
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Answer #1

Baily can produce 25 pizzas or 10 spaghetti dishes.

Thus, to prepare 1 pizza, he must sacrifice 10/25 = 2/5 = 0.4 units of spaghetti.

The opportunity cost is 0.4 units of spaghetti.

Option e) is correct.

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