s17-1 would the following companies most likely use job order s17-1 would the fo

Question

s17-1 would the following companies most likely use job order s17-1 would the following companies most likely use job order s17-1 would the following companies most likely use job order s17-1 would the following companies most likely use job order Need help with 3 and 4 gmc.mrooms3.net Week 1 Short Exercises Booksheif Online: Sign In GMC ENGLISH-UNITED STATES (EN-US) . Use Table 1 below to answer questions 3 and 4. Production Possibilities Type of Product Pizzas Robots 12 Table 1. Production Possibility Table 3 What is the total opportunity cost of 4 units of pizzas? Select one: ut of a, 2 units of robots b. 2 units of pizza c. 5 units of robots d. 4 units of robots O O 4 What is the marginal opportunity cost of the 6th unit of pizza? Select one: ut of a. 2 units of robots b. 2 units of pizza c. 5 units of robots d. 4 units of robots

Explanation / Answer

Question 1. Option C. 5 units of robots

Explanation: When 0 pizzas are produced, 14 robots can be produced. And when 4 pizzas are produced, only 9 robots can be produced. So, in order to increase the production of pizza from 0 units to 4 units, we need to sacrifice 14 - 9 = 5 units of robots.

Question 2. Option a. 2 units of robots.

Explanation: To increase the production of pizza from 4 to 6 units, we need to reduce production of robots from 9 to 5 units. So, the opportunity cost of increasing pizza production from 4th to 6th units = 9 - 5 = 4 robots. So, the opportunity cost of the 6th unit of pizza = 4/2 = 2 robots.

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