Below table shows the production possibilities for the country of Emilon: Rice Beef A 0 40 B 50 36 C 90 28 D 120 16 a. The total cost of producing 90 rice is b. The total cost of going from possibility C to possibility Dis c. The approximate per-unit cost of going from possibility C to possibility D is [ answers to 2 decimal places. d. The total cost of going from possibility D to possibility Cis units of (Click to select) ✓ E 140 0 units of (Click to select) units of (Click to select) units of (Click to select) ✓
Below table shows the production possibilities for the country of Emilon: Rice Beef A 0 40 B 50 36 C 90 28 D 120 16 a. The total cost of producing 90 rice is b. The total cost of going from possibility C to possibility Dis c. The approximate per-unit cost of going from possibility C to possibility D is [ answers to 2 decimal places. d. The total cost of going from possibility D to possibility Cis units of (Click to select) ✓ E 140 0 units of (Click to select) units of (Click to select) units of (Click to select) ✓
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Below table shows the production possibilities for the country of Emilon:
Rice
Beef
A
0
40
B
50
36
C
90
28
D
120
16
units of (Click to select) ✓
E
140
a. The total cost of producing 90 rice is
b. The total cost of going from possibility C to possibility Dis
c. The approximate per-unit cost of going from possibility C to possibility D is [
answers to 2 decimal places.
d. The total cost of going from possibility D to possibility is
0
units of (Click to select)
units of (Click to select). If ne
units of (Click to select)
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