1 On the graph below, plot the Production Possibilities Curve for Copperton B. What is the opportunity cost of the first 3,500 tons of cinnamon produced? C. What is the opportunity cost of increasing production from 3,500 tons of cinnamon to 5,500 tons of cinnamon? D. What is the opportunity cost of increasing production from 5 500 tons of cinnamon to 6 500 tons of cinnamon? E. What is the opportunity cost of increasing production from 6,500 tons ofcinnamon to 7, 000 tons of cinnamon? F. What is happening to the opportunity cost as Copperton produces more cinnamon?
1 On the graph below, plot the Production Possibilities Curve for Copperton B. What is the opportunity cost of the first 3,500 tons of cinnamon produced? C. What is the opportunity cost of increasing production from 3,500 tons of cinnamon to 5,500 tons of cinnamon? D. What is the opportunity cost of increasing production from 5 500 tons of cinnamon to 6 500 tons of cinnamon? E. What is the opportunity cost of increasing production from 6,500 tons ofcinnamon to 7, 000 tons of cinnamon? F. What is happening to the opportunity cost as Copperton produces more cinnamon?
Chapter1: Making Economics Decisions
Section: Chapter Questions
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A On the graph below, plot the Production Possibilities Curve for Copperton
B. What is the opportunity cost of the first 3,500 tons of cinnamon produced?
C. What is the opportunity cost of increasing production from 3,500 tons of cinnamon to 5,500 tons of
cinnamon?
D. What is the opportunity cost of increasing production from 5,500 tons of cinnamon to 6,500 tons of
cinnamon?
E. What is the opportunity cost of increasing production from 6 500 tons of cinnamon to 7 000 tons of
cinnamon?
F. What is happening to the opportunity cost as Copperton produces more cinnamon?
G What is the opportunity cost of the first 5.000tons of nutmeg produced?
What is the opportunity cost of increasing production from 5.000 tons of nutmeg to 9 000 tons of nutmeg?
H.
What is the opportunity cost of increasing production from 9.000 tons of nutmeg to 12,000 tons of
nutmegs?
J. What is the opportunity cost of increasing production from 12,000 tons of nutmeg to 16.000 tons of
nutmeg?
K What is happening to the opportunity cost as Copperton produces more nutmeg?
L. Find the combination of cinnamon and nutmeg of 6.000 tons of cinnamon to 7.000 tons of nutmeg Label
o search
a

Transcribed Image Text:Suppose that the nation of coppartan produces
nutmeg and Cinnemon Belaw are the possible combinations
of nutmeg and Cinnamon that coppertan can produce.
Combination Cinnamon metric tons Notmeg mehic tan5
A.
B.
7,000
6,600
5,000
9,000
12,000
14,000
5,500
3,500
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