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Author Question: Katie and Hugh are producing pies and jars of pickles. Katie can produce either 200 jars of pickles ... (Read 40 times)

tyratatyanna

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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
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Marked as best answer by tyratatyanna on Oct 12, 2022

romyclv

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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.
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tyratatyanna

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

Joy Chen

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Reply 3 on: Yesterday
Excellent

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