This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Katie and Hugh are producing pies and jars of pickles. Katie can produce either 200 jars of pickles ... (Read 54 times)

tyratatyanna

  • Full Member
  • ***
  • Posts: 137
on: Oct 12, 2022
Katie and Hugh are producing pies and jars of pickles. Katie can produce either 200 jars of pickles or 100 pies per month. Hugh can produce either 800 jars of pickles or 200 pies per month. Which of the following statements is correct?
◦ Hugh's opportunity cost of producing 1 pie is 1/4 jar of pickles.
◦ Hugh's opportunity cost of producing 1 jar of pickles is 4 pies.
◦ Katie's opportunity cost of producing 1 jar of pickles is 1/2 of a pie.
◦ Katie's opportunity cost of producing 1 jar of pickles is 2 pies.
◦ Hugh's and Katie's opportunity costs of producing are the same.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tyratatyanna on Oct 12, 2022

romyclv

  • Full Member
  • ***
  • Posts: 158
Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 26% of students answer this correctly


tyratatyanna

  • Member
  • Posts: 137
Reply 2 on: Oct 12, 2022
Excellent

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Plant apical meristems and the primary tissues they produce. Plant apical meristems and the primary tissues they produce.
Each of the eight injectors shown are producing a correct spray pattern for the applications. While ... Each of the eight injectors shown are producing a correct spray pattern for the applications. While ...
Air masses interact to produce weather Air masses interact to produce weather
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Mutation of Raly and Agouti producing yellow coat Mutation of Raly and Agouti producing yellow coat
Video: Exocytosis - secretion

For a complete list of videos, visit our video library